Eurusdposition
EURUSD- MONTHLY TIME FRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
EUR USD 100 pips short position By looking for the looming news, at this point, speculative interest has priced in that the US Federal Reserve will likely announce a doubling of its bond-buying program tapering. The Fed decided in November that the economy was strong enough to trim financial support, particularly as inflationary pressures remain high. The central bank announced it would reduce the pace by $15 billion a month, $10 billion in Treasuries, and $5 billion in mortgage-backed securities.
On the other hand, the European Central Bank has maintained a wait-and-see stance, with President Christine Lagarde noting that a rate hike would be unlikely in 2022.
I expect to see the price continuing to fall for the month of December,
we can sell EURUSD now
EUR-USD position
1.12877- 1.12915 sell order
Targeting 100 pips
1.11960 - 1.12000
-------------
1.13380 - 1.13400 sell limit just in case the pairs made some reversal moves in the coming news
EUR/USD short position we are looking for a continuation with the downtrend pattern, looking for a possible entry on market open, 1.09401 is gonna be the breaking point to look for a continuation, this is a strong support that needs to be broken, as usual keep stop losses on and take profits tight too - profit is profit