Euro / U.S. DollarShort
EURUSD 10-07-2024
As long as EURUSD stays below 1.08400 this week and maybe next week for confirmation of the downward trend, then we can ride it down with 1.06250 with risk management in place. Remember the trend is your friend until the end when it bends (Marty Zweig)
Entry price 1.0840 (weekly resistance)
Take profit 1.0625 (support)
Lot size 0.01
Weekly trend: Downtrend as long as it stays below 1.084 where the flag is
Long term trend: Downtrend
See previous analysis on trading view EURUSD-04-07-2024
Until then feel free to share, like, boost or comment
I will only re-analyse if weekly resistance is broken or when support of 1.06 is reached
Disclaimer: Not a trading advice, educational purposes only
EURUSD stays below 1.08400 this week and maybe next week for confirmation of the downward trend, then we can ride it down with 1.06250 with risk management in place. Remember the trend is your friend until the end when it bends (Marty Zweig)Entry price 1.0840 (weekly resistance)
Take profit 1.0625 (support)
Lot size 0.01
Weekly trend: Downtrend as long as it stays below 1.084 where the flag is
Long term trend: Downtrend
See previous analysis on trading view EURUSD-04-07-2024
Until then feel free to share, like, boost or comment
I will only re-analyse if weekly resistance is broken or when support of 1.06 is reached
Disclaimer: Not a trading advice, educational purposes only
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.
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.