Hello, it is few days I am waiting for a good signal to sell EURUSD.
From a Fundamental macro view, USD is stronger than EUR despitesuffering from turmoils lately. I think it is a win win situation for USD since:
1-if global economy is bad, it is a safe asset
2- if it is good, spx will do better than other index so people will invest in $
From a TA point of view, I see an interesting double bearish divergence on the 4h (after the bullish one that was a good indication in mid-may)
Before 14.30 nothing will happen though (unemployment data release). At that time, I will be ready to short as soon as the price breaks the black line to the downside (cluster of MA, 21d, 200w and 50m).
TP1 1.1188
TP2 1.113
SL 1.14
Risk Reward is around 3x !
Let's see what happens
From a Fundamental macro view, USD is stronger than EUR despitesuffering from turmoils lately. I think it is a win win situation for USD since:
1-if global economy is bad, it is a safe asset
2- if it is good, spx will do better than other index so people will invest in $
From a TA point of view, I see an interesting double bearish divergence on the 4h (after the bullish one that was a good indication in mid-may)
Before 14.30 nothing will happen though (unemployment data release). At that time, I will be ready to short as soon as the price breaks the black line to the downside (cluster of MA, 21d, 200w and 50m).
TP1 1.1188
TP2 1.113
SL 1.14
Risk Reward is around 3x !
Let's see what happens
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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.
Are you a good trader but you lack the capital?
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
Or simply you don't want to risk it?
Trade forex, oil, crypto, indices, and keep 80% of the profits you make, while losses are covered!
Check it out now → ftmo.com/en/?affiliates=2427
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.