TAG-Strategy-Trading

EUR/USD - Potential Scenarios

FX:EURUSD   Euro / U.S. Dollar
TAG - Strategy (text me for more info on it)
It's structured of 4 elements:
1. Preparation
2. Observation
3. Trading - Execution
4. Managing the position

This Analysis is the first step where we prepare potential positions and now we will observe the market and see what the market does.
I will update this idea when we see interesting market development or when our setups are invalidated.
Let's do the step 2 now and observe the market.
Be patient and the money will come. Don't force the market to do anything.
Comment:
Most likely EUR/USD will hit the 2.618 Level @ 1.1430 which means
EUR - Weakness
USD - Strength
I don't see a good opportunity to short this pair and I kinda find it risky so I will use this most likely scenario to trade the cross pairs.
Good Luck my friends and traders.

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.