EURUSD H4 SHORT BELOW 1100 TARGET IS 1000
DETAILS SEE CHART. TODAY WAS MOST LIKELY A STOP HUNT. BREXIT DEAL IS DONE, HOWEVER SUBJECT TO APPROVAL IN PARLIAMENT ON SATURDAY.
CHANCES ARE 50/50. SO EXPECTING BOTH EU/GU TO SELL OFF INTO WEEKEND (ON FRIDAY).
SCALE IN SHORT BELOW 1100.
I DOUBT THAT PRICE WILL PUSH MUCH BEYOND TODAY'S HIGH NOW.
AS ALWAYS - RECOMMEND USING A TIGHT STOP LOSS ON YOUR TRADES! (5-10 EURUSD - 10-20 GBPUSD MAX).
CHANCES ARE 50/50. SO EXPECTING BOTH EU/GU TO SELL OFF INTO WEEKEND (ON FRIDAY).
SCALE IN SHORT BELOW 1100.
I DOUBT THAT PRICE WILL PUSH MUCH BEYOND TODAY'S HIGH NOW.
AS ALWAYS - RECOMMEND USING A TIGHT STOP LOSS ON YOUR TRADES! (5-10 EURUSD - 10-20 GBPUSD MAX).
Note
for the latest EURUSD analysis please see my other chart (daily).
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UPDATED CHART - SEE LATEST POST ON DAILY EURUSD
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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.