RaynLim

πŸ“ˆ Navigating Euro-Dollar Trends: Trading Insights πŸ“‰

Long
FX:EURUSD   Euro / U.S. Dollar
Greetings, fellow traders! Let's delve into the Euro-Dollar trends and identify some potential trading opportunities. πŸŒπŸ’±

πŸ“Š Weekly Chart Insights πŸ“Š
The bullish trend continues with a notable pullback, keeping our attention on the upswing. The market's pullback has tactfully avoided breaking crucial support at 1.0637. Transitioning to the daily chart, we find ourselves back in the buy zone.

πŸ” Spotting Entry Points πŸ”
For those eyeing a buying opportunity, a bit of patience might be wise as we await further confirmation before engaging the trade. The four-hour chart showcases an enticing support level at 1.0921, primed for a potential buying entry. Similarly, the one-hour chart hints at a possible pullback setup.

πŸ”Ž Charting Trading Prospects πŸ”Ž
Weekly Chart: Trend traders might consider a shorting possibility on a retest at 1.1232.
Daily Chart: Watch for confirmation at 1.0913 for a buying opportunity.
Four-Hour Chart: A bearish bat pattern completion at 1.1134 could intrigue shorting enthusiasts. For buyers, a bullish bat setup may require a magic candle confirmation at 1.0883.
One-Hour Chart: An AB=CD movement completion at 1.0914 offers a potential entry point.

πŸ“… Seizing Opportunities πŸ“…
This week presents an array of trading prospects. The key is clarity in your trading intentions. Are you pursuing a trend trade, a counter-trend pullback, or simply capitalizing on setups as they arise? Planning using the A.P.E frameworkβ€”Analyze, Plan, Executeβ€”can be your compass to success.

πŸš€ Ready for Trading Success? πŸš€
For those keen on utilizing the 15-minute-a-day A.P.E technique to enhance your trading prowess and boost income, don't hesitate to reach out. Elevate your trading game with strategic precision!


We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

Get into our 15mins workday community
discord.gg/AKDr9vPqH7

Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
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.