EURUSD When you start moving?
Good day to all.
General analysis:
Since January 2018, we have seen the movement of EURUSD within the price range: 1.21668 - 1.25382.
Globally we recommend to refrain from trading the instrument in lateral movement.
For day trading
Our trading robot went into a long position, the nearest resistance is 1.23574, it is more conservative to wait until EMA 20 crosses EMA 50
We also see a decrease in volumes, which indicates the impending movement
Especially desperate traders, I recommend placing stops 1.22972, or reading the literature about risk management))
Be patient and think about the deal
General analysis:
Since January 2018, we have seen the movement of EURUSD within the price range: 1.21668 - 1.25382.
Globally we recommend to refrain from trading the instrument in lateral movement.
For day trading
Our trading robot went into a long position, the nearest resistance is 1.23574, it is more conservative to wait until EMA 20 crosses EMA 50
We also see a decrease in volumes, which indicates the impending movement
Especially desperate traders, I recommend placing stops 1.22972, or reading the literature about risk management))
Be patient and think about the deal
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.