EURUSD Chart Analysis for December 10th

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I will begin EURUSD Chart Analysis for December 10th






This is USDJPY 30M candle chart for yesterday.

It changed from route B to route A.
If you look at it carefully, it ended up with no specific trend at 30m candle chart.

Recently FX market does not seem to have a specific trend.
So I recommend you to do the trading with short target points.






To summarize,

1. Please check route A & B with A short position / B long position entry timing and price points.

2. In case of route A, please check whether the price goes below the sky blue line(where the finger is pointing). If it goes down, please consider route B / If the price goes above the final “smile face” line with an additional candle, close the day with no position. / If the price leaves a tall shadow and loses its power near the position, please enter your short position.

3. In case of route B, please check out the long position entry point below.
If it goes below the line with an additional candle, close the day with no position / If you succeed in entering long position on the route B entry point, carefully look at the price whether it goes above the sky blue line. If it does, it has strong possibility of changing into route A.

This is it for today.

I brought this strategy for you to make profit in any kinds of situations.

When the market is drifting sideways, it is better wait for the bottom or top.

Hope you have a nice day, I will come back to you next time.


(Translation help
Jae Ho Shin)