Analysis on #EURUSD
Hello friends.
The market came to the most recent wing tested and now moving down to test 1.2100, where I will be looking for my first buy scenario if the market provided a reversal pattern and reason to get in a buy trade.
if the market will not respect 1.2100 and keep on dropping, then the next level that will interest me is 1.2050 where I will also be looking for a reversal pattern to get in a buy trade.
as you can see the second place will provide a bigger possible reward, almost 100 pips
Why I don't want to sell now? it is a low probability trade for me and I don't want to buy USD after last week's NFP.
Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated
Check today analysis below⠀
>>“In Trading Losses Are the Cost of The Wins, TradingAxis.”
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Hello friends.
The market came to the most recent wing tested and now moving down to test 1.2100, where I will be looking for my first buy scenario if the market provided a reversal pattern and reason to get in a buy trade.
if the market will not respect 1.2100 and keep on dropping, then the next level that will interest me is 1.2050 where I will also be looking for a reversal pattern to get in a buy trade.
as you can see the second place will provide a bigger possible reward, almost 100 pips
Why I don't want to sell now? it is a low probability trade for me and I don't want to buy USD after last week's NFP.
Friend, if I am helping you somehow, you can also help me by liking this post and commenting below. much appreciated
Check today analysis below⠀
>>“In Trading Losses Are the Cost of The Wins, TradingAxis.”
____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Comment:
on target analysis
