Short

EURUSD: Navigating a Clearly Defined Channel

Updated

EURUSD presents a clearly defined range, offering opportunities for strategic analysis of price action and volume. Moving forward, we'll closely monitor market dynamics to react effectively to emerging trends and fluctuations. Let's stay vigilant and capitalize on the clarity of this channel.

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let us see how will the market react to our POC,

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Bears winning so far defending the upper channel:

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yes they broke the channel, but with a decreasing VOLUME,
I am not convinced, lets give them more time and observe:

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Im watching this,

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OK thats it, im moving to a lower timeframe:

NOW is the time not to get FOMO,
wait for a perfect entry on a lower timeframe.

HERE: i set my entry zone to the FIB Retracement,. REJECTION on that zone would SUPER CONFIRM this SHORT TRADE

trade safe

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oh GREAT , ENTRY ZONE got trampled as i making the comment.
2Hours of screen time is done.. gotta leave EURUSD for a bit, while its figuring out what to do with its life

Remember, the market rewards preparedness. Seek confluences, think before you act, and always prioritize reaction over prediction. Stay disciplined and trade wisely!

Trade active

When no news to be released later i would like to take this trade:

TRADE SAFE , FYI we have CPI revision TODAY

Order cancelled

CPI REVISION NEWS was a sneaky news, those who were not aware of it was surely got hurt.

trade safe as always

Atan_235

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