EURUSD - 5 Reasons For A Daytrade Sell!
Updated
Sell #EURUSD Plan
First Entry was at 1.1274
Second Entry is pending order at 1.1289
Stop is at 1.1310
Target is at 1.1244
I have 5 reasons to sell EURUSD for a daytrade.
1. Currency Strength Meter USD is strong EUR is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
First Entry was at 1.1274
Second Entry is pending order at 1.1289
Stop is at 1.1310
Target is at 1.1244
I have 5 reasons to sell EURUSD for a daytrade.
1. Currency Strength Meter USD is strong EUR is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal
The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support.
The trading strategy is fully explained in video below
Note
Closed for +5 pips profit as EUR is showing strength
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