EURUSD Short 11.5.22
Hello its me again
So at the moment ill be waiting to short Eurusd at .099848 - 1.00009 preferably I'd rather wait for 1.00009 to short to be safe but will keep an eye on how the .099848 lvl treats it
Lets say we take a short a 1.00009 then i would need it to break back down under the .236 lvl of .099848 then thatll be used as a good resistance and we will fall down to tp 1
If we get into a short at .236 lvl of (.099848) we need to break and come back down under .99578 and it can be used as a resistance then it should take about a day or 2 to fall to our tp1 which is .99184 and that is where i will close half of my positions
For use to fall under to Tp 2 .97888 the daily candle would need to close under the 50 ema and i want a 1/4 hour candle to close under will keep you updated on that once we are closer to that level and with tp3
Good resistance/Sell zone
10% lvl - 1.00009
Okay resistance/Sell zone
.236 lvl - .099848
Bounce zones-
.236 lvl - .99184 or TP1
.236 lvl - .97888 or TP2
Will keep you updated throughout the day when we do get to that zone i have my alerts on when we are close to the sell zone
Bullish scenario-
EURUSD comes down to .099848 (.236) lvl and bounce back up and closes above the 50 ema
So at the moment ill be waiting to short Eurusd at .099848 - 1.00009 preferably I'd rather wait for 1.00009 to short to be safe but will keep an eye on how the .099848 lvl treats it
Lets say we take a short a 1.00009 then i would need it to break back down under the .236 lvl of .099848 then thatll be used as a good resistance and we will fall down to tp 1
If we get into a short at .236 lvl of (.099848) we need to break and come back down under .99578 and it can be used as a resistance then it should take about a day or 2 to fall to our tp1 which is .99184 and that is where i will close half of my positions
For use to fall under to Tp 2 .97888 the daily candle would need to close under the 50 ema and i want a 1/4 hour candle to close under will keep you updated on that once we are closer to that level and with tp3
Good resistance/Sell zone
10% lvl - 1.00009
Okay resistance/Sell zone
.236 lvl - .099848
Bounce zones-
.236 lvl - .99184 or TP1
.236 lvl - .97888 or TP2
Will keep you updated throughout the day when we do get to that zone i have my alerts on when we are close to the sell zone
Bullish scenario-
EURUSD comes down to .099848 (.236) lvl and bounce back up and closes above the 50 ema
Note
slug also
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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.