Euro / U.S. DollarShort
Short Video Conclusion On EUR's Retracement ☄️
Updated
Short Video Conclusion On EUR's Retracement
Video Content:
Dear Viewers, it was one of my first EURUSD video analytics. On TradingView, you can see a verified timestamp of 01 December. You might also remember the original video when I shared the signal.
I'm happy to announce the idea completed its Target Price. Your profit is the difference between these two levels. It's about two and seven percent. With a 100k investment, the trade returned $2700. The price has been consistently following the expected trajectory. So, we can't talk about about any significant drawdown.
I thank you for your attention, and congratulations if you share a similarly profitable vision.
Market Devlelopment:
I still have a bearish vision on EURUSD. I expect yield seeking on USD can pressure the EUR price as down as $1.067. I believe that trendlines in the video are still valid. I wouldn't open a short here, but I'll keep the short I already have extended with a trail profit, which was my stop loss I moved down as the price smoothly followed the expected trajectory. I consider it as a take profit because the trail profit will close the position any moment. However, I can't tell the exact price yet because the bearish outlook persists. It's either +2.7% or more.
Beyond Video:
https://www.tradingview.com/chart/EURUSD/s7gpW4zg-EUR-s-Retracement-ECB-indicated-Yield-Seeking-on-USD/
It is not an investment advice. Do your research. Do not trade if you do not understand.
- Ely
Video Content:
Dear Viewers, it was one of my first EURUSD video analytics. On TradingView, you can see a verified timestamp of 01 December. You might also remember the original video when I shared the signal.
I'm happy to announce the idea completed its Target Price. Your profit is the difference between these two levels. It's about two and seven percent. With a 100k investment, the trade returned $2700. The price has been consistently following the expected trajectory. So, we can't talk about about any significant drawdown.
I thank you for your attention, and congratulations if you share a similarly profitable vision.
Market Devlelopment:
I still have a bearish vision on EURUSD. I expect yield seeking on USD can pressure the EUR price as down as $1.067. I believe that trendlines in the video are still valid. I wouldn't open a short here, but I'll keep the short I already have extended with a trail profit, which was my stop loss I moved down as the price smoothly followed the expected trajectory. I consider it as a take profit because the trail profit will close the position any moment. However, I can't tell the exact price yet because the bearish outlook persists. It's either +2.7% or more.
Beyond Video:
https://www.tradingview.com/chart/EURUSD/s7gpW4zg-EUR-s-Retracement-ECB-indicated-Yield-Seeking-on-USD/
It is not an investment advice. Do your research. Do not trade if you do not understand.
- Ely
Note
I'm scalping long to the upper blue trendline. It'll function as a resistance, and depending on rejection or breakout, I'll open additional positions.
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.