Euro / U.S. DollarShort
EUR/USD Weekly Trade setup August 22, 2022
Bolinger Band & MA:
the price is entering the buy zone, but beware that there is no sign of bounce back yet from daily and weekly chart. So we are expecting to see at least 1 or 2 bearish weekly candles before the price go back to short-term bullish or small retracement.
Gann Fan:
looking at the weekly and monthly gan fann. current price i at 4/1 line area, if you are patient enough, a short-term bullish retracement is quite promising.
we looking for the price to go lower. entry wise, we are going to start to place buy order by phase when the price go lower. Spread your entry to make a higher P/L ratio.
the price is entering the buy zone, but beware that there is no sign of bounce back yet from daily and weekly chart. So we are expecting to see at least 1 or 2 bearish weekly candles before the price go back to short-term bullish or small retracement.
Gann Fan:
looking at the weekly and monthly gan fann. current price i at 4/1 line area, if you are patient enough, a short-term bullish retracement is quite promising.
we looking for the price to go lower. entry wise, we are going to start to place buy order by phase when the price go lower. Spread your entry to make a higher P/L ratio.
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