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EURUSD - Weekly Market Analysis - September 2018, Week 2Still a Bearish setup. It is perfect when the "Head" of the Head and Shoulder formation completes at the last holding line of the bearish move. Headed in for a short on right shoulder, what's more, is it touches the Bearish Butterfly formation.
To our inner-circle community, they had a happy week, but don't overtrade this coming week and never, never give back your earnings to the market unnecessarily!
I'm looking for more shorting opportunity, so for trader who had not engaged, fret not, just get into our inner-circle.
Trade Ideas Educator: EURUSD Head and ShouldersTrading head and shoulders the right way or rather a better Reward:Risk method.
Have you also spotted RSI losing momentum? That is an important criterion for me to engage in this trade.
Look left, there is structure in both shorting area and profit taking area.
Trade Ideas Educator: AUDCAD H4 Head and ShouldersA head and shoulders bottom formation form up, is a counter-trend trade, more importantly, the trade is still in the sell zone.
The good thing about this trade is it produces a 2:1 and that's a healthy reward for me, hence, trade engaged.
Look at how the RSI Divergence work in my favor and that is another add on why I still long when market is on its sell zone.