[EURUSD] End of the week analysis para ICMARKETS:EURUSD de AACA-

[EURUSD] End of the week analysis

Its friday. EURUSD is bearish long term due to crumbling EU economy and strong $.

If we want to see a bearish price action next week:
- Price must close preferably below previous week high

Short entries above 1.084 targeting previous week high.

Nota

I shorted this bearish engulfing 15m candle after it formed during London after raiding Tokyo highs

Nota

closed 50% @ around 2rr for 1% before news SL now BE

Nota

set TP to 3r @ 1.0816

Nota

ive seen this PA before. Check link

-date Aug 11 Friday 2023 (its also friday today)
-p.s. i remember the exact day & price action because i made some good bread that day.
-if Aug 11 PA will happen today
-Price will reach 1.0807 then bounce retrace for N.Y. wallstreet to enter then waterfall

Nota

will reenter shorts if N.Y. presents a good price.

Nota

taking this 3rr off the market

Nota

targeting previous week high which is also daily low of yesterday.

Nota

N.Y. Short entries

Nota

SL hit previous entry 1st position 1% 2nd 0.5%
total daily profit 2.5%

1% risk Reentered short

Nota

closed this one on 0.5% profit

total daily profit 3%

AACA-

Publicações relacionadas

[EURUSD Analysis] Intraday Long 6% target

por AACA-

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.