EUR/USD movement options
EUR/USD approached resistance at 1.19795 - 1.19950, forming an "inside bar" pattern on Thursday 15.04.2021. I consider three variants of developments:
The main option: you can sell from the current price with targets:
TP-1 - 1.1850;
TP-2 - 1.1720;
TP-3 - 1.1640.
SL short, to place it behind the level near 1.2000.
Alternative 1: buy limit 1.18355 - 1.18466
TP-1 - 1.1980;
TP-2 - 1.2170;
TP-3 - 1.2322.
SL to place around 1.1810 - 1.1820, or behind the previous low around 1.1700 - 1.1695.
Alternative 2: buy stop 1.19950
TP-1 - 1.2170;
TP-2 - 1.2322.
SL - 1.1938.
This is my first idea on this resource . I will be glad if it proves useful! In the future I will try to be more specific in my analyses.
The main option: you can sell from the current price with targets:
TP-1 - 1.1850;
TP-2 - 1.1720;
TP-3 - 1.1640.
SL short, to place it behind the level near 1.2000.
Alternative 1: buy limit 1.18355 - 1.18466
TP-1 - 1.1980;
TP-2 - 1.2170;
TP-3 - 1.2322.
SL to place around 1.1810 - 1.1820, or behind the previous low around 1.1700 - 1.1695.
Alternative 2: buy stop 1.19950
TP-1 - 1.2170;
TP-2 - 1.2322.
SL - 1.1938.
This is my first idea on this resource . I will be glad if it proves useful! In the future I will try to be more specific in my analyses.
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.