Get started
ajeb1

EU Short Term Reaction

Short
Euro / U.S. Dollar (FX:EURUSD)  
ajeb1  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators eurusdshort eurusdprediction eurusdoutlook eurusdtrade
2
0
trendanalysis chartpattern indicator eurusdshort eurusdprediction eurusdoutlook eurusdtrade
I'm expecting to see a short term downwards reaction on EU today.

Reasons:
- Test of 1h 200 EMA
- Retest of low created last Thursday
- Retest of psychological 1.07 level
- Expecting downwards move to retest 1W trendline

Trade set:
- Entry: 1.07
- Stop Loss: 1.071
- Take Profit: 1.066
- RR: 1:4

Will update specific entry, SL and TP as my order gets filled. Follow for more daily trade ideas.

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.