RaynLim

EURUSD-Weekly Market Analysis-Sep22,Wk3

Short
FX:EURUSD   Euro / U.S. Dollar
Before we start, you have to be aware that both the Daily and 4-hourly chart is in the Bearish Trend but the 1hourly chart is in a Bullish Trend. On a mid-long term perspective, I'm waiting for a shorting opportunity, however, on the 1hourly chart you can wait for a buying opportunity.

So how does this work?

If a Bullish Trading Opportuntiy presents itself on the 1hourly chart, I'll take it. I can even stretch my 2nd target if the setup shows such opportunity.

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