I think the chart speaks for itself.
Note: This is in no way,shape or form financial advice. Trades taken based on this idea are completely your own action. Everybody should do their own research before taking trades. You can lose money in the forex markets.
Have A nice day!!!
This could be a good setup since there weren't any higher highs created + a good rejection of the RES.
Please note this is in NO WAY financial advice, If you take this trade you will 100% do this on own initiative. Trading is risky, You can lose money.
EUR/USD is at a nice sell of area, If it fails to create a higher high on the 4h time frame, A sell could pose a good RR,
Please not this is in NO WAY financial advice, If you take this trade you will 100% do this on own initiative. Trading is risky, You can lose money.
Yours,
Erwin
Heyy, thank you for taking a look at this trade, hope you get some inspriration!
Note: This is only advise, Not a must take trade, you take this trade 100% with your own consent, Your capital is at risk!
What do we think guys? This is my first public analysis so go easy on me.
Can we see a ''W'' formation form on this strong support?
Note: This is only for demonstrating purposes, I do NOT encourage/want people to, copy without making your own analysis.
Yours,
Erwin