🔸Hello traders, let's review the 1hour chart for EURUSD today. Recently price was locked
inside accumulation/distribution trading range and therefore I recommend to focus on
buying low and selling high / details see chart.
🔸Trading range is defined by range highs at 0600 and range lows at 0490, premium
prices overhead at 0620/0640/0655 and below at 0470/0455/0440. Outlook remains
neutral as I expect price to trade locked in range to absorb recent losses in EURUSD.
🔸Recommended strategy for EURUSD traders: wait for price to trigger premium prices
below range lows or above range highs and buy low / sell high from support/resistance
levels marked up on the chart. TP1 +75 pips TP2 +150 pips SL bulls/bears fixed at 30 pips.
good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
inside accumulation/distribution trading range and therefore I recommend to focus on
buying low and selling high / details see chart.
🔸Trading range is defined by range highs at 0600 and range lows at 0490, premium
prices overhead at 0620/0640/0655 and below at 0470/0455/0440. Outlook remains
neutral as I expect price to trade locked in range to absorb recent losses in EURUSD.
🔸Recommended strategy for EURUSD traders: wait for price to trigger premium prices
below range lows or above range highs and buy low / sell high from support/resistance
levels marked up on the chart. TP1 +75 pips TP2 +150 pips SL bulls/bears fixed at 30 pips.
good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
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💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
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💎75% win rate free gold signals
t.me/syndicategold001
Related publications
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.
taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Related publications
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.