aluotradingjournal

[EURUSD Short] 28 May, 2021 - Roger V Trading Ideas

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
28/5/2021
EURUSD
Entry Resistance level idea:
1.22400 Resistance

TP Support level idea:
1.20300
1.18800 (Best Scenario)

Final SL for all Short positions:
1.23100 Resistance Level

Comment:
EURUSD currently is at its top channel and is consolidating to test its resistance level.
If the consolidation was to success to be resisted. The best scenario in the TP Support level will be most likely valid.


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(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
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