Hi Friends!
See EURUSD Weekly Sell idea linked below:
We bounced off at monthly downtrend line and closed under it (profited 100 pips).
Indicators:
Wait for 1.1700 handle to break and close below (indicate seller power)
Entry:
Enter at retest of 1.1700 handle as new resistance level
TP:
1.1500 area
I recommend taking profits in 40-50 pip ranges to lower risk.
Good luck trading!
Charles V
cvfxmanagement.com
cvfxwealth
Trading made simple
See EURUSD Weekly Sell idea linked below:
We bounced off at monthly downtrend line and closed under it (profited 100 pips).
Indicators:
Wait for 1.1700 handle to break and close below (indicate seller power)
Entry:
Enter at retest of 1.1700 handle as new resistance level
TP:
1.1500 area
I recommend taking profits in 40-50 pip ranges to lower risk.
Good luck trading!
Charles V
cvfxmanagement.com
cvfxwealth
Trading made simple
Note
EURUSD hit 1.1700 this morning, will need a break and close below before we look to sell.
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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.
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.