Euro / U.S. DollarShort
EURUSD OUTLOOK
Updated
In this analyze we are focusing on 4h time frame. As we can see, the price has formed a range and consolidation within a parallel channel on the 4-hour timeframe. Additionally, the price has broken the parallel channel to the downside. If the price retests and reaches our supply area, and shows a bearish rejection, we will execute a sell trade.
Intraday traders can hold until Take Profit 1 or 2, while swing traders can hold for the full move. For now, this is my bias; let's see what opportunities the market provides once it opens.
Make sure to use a stop loss for your trade.
Always use proper money management and proper risk to reward ratio.
#EURUSD 4H Technical Analyze Expected Move.
Intraday traders can hold until Take Profit 1 or 2, while swing traders can hold for the full move. For now, this is my bias; let's see what opportunities the market provides once it opens.
Make sure to use a stop loss for your trade.
Always use proper money management and proper risk to reward ratio.
#EURUSD 4H Technical Analyze Expected Move.
Trade active
Trade Active.
The price has reached our zone and activated our trades.
Note
Trade Active.Note
Trade Active.Note
Trade Active.Note
Trade Active.
Market price hit our 1st take profit perfectly.
Trade closed: target reached
Trade Close.
Our trade is close both take profit hit successfully.
Note
Trade Close.
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