Shorteurusd
EURUSD keep going down - LONG TERM VIEW The Coronavirus crisis is showing mismanaged problems within the EU. Italians are burning the European flag as they could not get help from its neighbours ... The profound geopolitical crisis that reveal the Coronavirus can lead to Italy leaving the EU. Economical problems are difficult to solve in EU because Italy and other South countries ask for help and North countries (Germany and Netherland) say "No". Have a look at the Coronabonds story.
US has been more reactive on the Coronavirus and can implement more rapidly economic and political changes.
The LONG TERM DOWN TREND for EURUSD will surely accelerate !! You can expect the EURUSD being at 0.8 within 18 - 24 months.
EUR/USD short to go retest low of the day 2/17/20I took this short because I was stalking EUR/USD and waiting for a pullback with a favorable 15m close, my setup. But there was no clear 15m low to go retest. Only a wick to fill
on 15m in bearish HTF momentum. I Placed this trade about 30m after the first trade. I forced this setup, trying to do too much. In trading, in my humble opinion less is actually more. Even though we ended up filling the 15m wick, The probability of this trade working out was lower than my first trade since there was no clear Low to retest. I stopped out early, -.65R
EUR/USD 1H Short opportunity we can short eur/usd if pattern is complete
targets and stop lose are clear at chart
This is not an investment recommendation or any call to buy or sell
It is just an analysis based on a study of the history of price action
Behavior , that may not be a necessarily reason for the success of
the structure or repetition. So please make your decision based on your vision .
To protect capital and manage your deals and trading successfully
the maximum loss in each transaction for the same currency or
commodity in the same direction should not exceed ( 2% ) of the capital .
Good luck >>
EURUSD going down with 70% probability than up.EURUSD stay on high of flat. Right now it can go down to low flat level - 1.1302. I think - its preferred situation. Near 70% probability.
Or after breakout flat highlevel and retest it - you'll see retest :) - EURUSD can go higher to 1.1859 - 30% probability.