EUR/USD -Macro Resistance (update)
Updated
-Anticipating upcoming week to have some bullishness in price action,
looking for Technical Bounce at Trendline Support to long,
while remaining opened in Short Positioning regarding Macro and Higher Time Frames.
Every bounce may be short-lived,
so bear in mind this scenario when looking for your
next Short Opportunity on EUR/USD.
Maybe you'll enjoy having a trade open for months periods of times
tradingview.com/chart/?mind=nPK5g99CSROsnwm1a40yfg&symbol=OANDA:EURUSD
looking for Technical Bounce at Trendline Support to long,
while remaining opened in Short Positioning regarding Macro and Higher Time Frames.
Every bounce may be short-lived,
so bear in mind this scenario when looking for your
next Short Opportunity on EUR/USD.
Maybe you'll enjoy having a trade open for months periods of times
tradingview.com/chart/?mind=nPK5g99CSROsnwm1a40yfg&symbol=OANDA:EURUSD
Note
Entry and Take Profits Zones
Shared as 'Minds' (link above)
TRADE SAFE !
Trade active
EEUR/USD - Breaking the first Support Trendline drawn on *W (tf)Time to take some profits aside and let the future downfall take place
TRADE SAFE
Note
Candlestick version of Weekly( *W) closeTrade active
EEUR/USDHow much lower can it go ?
Negative momentum has started to slow a bit,
finding technical base floor of support (1.04775 - 1.05300).
TP1 and TP2 hit (patience needed for other TP targets)
Meanwhile looking for Buy setups (swing)
while the main Trend REMAINS to South
until further Price Action confirmation (Market Structure) as Trend Shift Validation.
Do not be fazed by the recent jump on EUR/USD.
Main Trend remains Bearish with a Strong
DXY printing 11 Consecutive Gren WeeklyCandlsticks.
Overall its been a good Summer Shorting EUR/USD to say the least
Related publications
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.