EURUSD. Weekly trading levels 6 - 10.05.2024

Updated
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. The next morning I adjust the levels based on the new data and publish a new post.

The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)

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Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern.


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Trade active
Start of the week. Very wide. There's no news in sight, it'll take a long time to get to the border

snapshot
Trade active
nothing yet)

snapshot
Trade active
The euro hovered without moving. But the level on Gold worked perfectly. The idea for Gold in Related Ideas
Trade active
Either I took the levels wide, or the euro doesn’t want to move)

snapshot
Trade active
we waited a week and got a good reaction to the level
snapshot
Trade closed manually
A very interesting week. The zones were wide, the price remained flat between them. snapshot
6E1!Candlestick AnalysisEURUSDeurusdanalysisPivot PointsSupply and Demand

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