My EUR/USD trade idea is well-structured based on the recent breakout and descending channel formation. Here’s a refined breakdown of the setup:
Trade Plan:
Entry: Sell only after price consolidates below 1.0834 (to avoid false breakouts).
Target (TP): 1.06143 (next major support level).
Stop-Loss: Consider placing it around 1.0865 - 1.0880 (above recent highs or resistance).
Confirmation Signals:
Break & retest of 1.0834 as resistance.
Bearish candlestick patterns (e.g., strong bearish engulfing, rejection wick).
Volume increase on the breakdown.
Would you like me to check current RSI, MACD, or other indicators for added confirmation?
Trade Plan:
Entry: Sell only after price consolidates below 1.0834 (to avoid false breakouts).
Target (TP): 1.06143 (next major support level).
Stop-Loss: Consider placing it around 1.0865 - 1.0880 (above recent highs or resistance).
Confirmation Signals:
Break & retest of 1.0834 as resistance.
Bearish candlestick patterns (e.g., strong bearish engulfing, rejection wick).
Volume increase on the breakdown.
Would you like me to check current RSI, MACD, or other indicators for added confirmation?
Trade active
EURUSD trade active from 1.0834 keep hold in sell position Note
EUR/USD touch 1.07785 profit runing 220 pips keep hold in sell posotion
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
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Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
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.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
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.