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Review of the July Breakout 📨 / EurusdIf time permits you, I have a longer video analysis here of the past Breakout on Eurusd. weekly tiemframe 1:45 Daily Timeframe 4:16 4hr timeframe 7:02 1hr timeframe & news events 9:47 In this Video I breakdown the July Breakout for Eurusd that has extended from 1.09 to 1.127. A 370 Pip move in approximately 1.5 weeks. Our key fundamental cpi release was a major catalyst for us to breakout of the range we've been in Since January of this year. The CPI was views as a risk on news release and the markets have responded in an optimistic way as the dollar is being sold off for more risk on assets like the Euro. We have momentum on the weekly and monthly timeframe here as so I'm bullish here. We do have interest rates next week and it is pssible we may continue to consolidate or even pullback just a bit prior to a Bullish Eurusd interest rates push towards 1.146 weekly resistance zone. We do have a few daily resistance zones to be aware of in the short term such as 1.137, 1.1324, and the current daily zone that we are rejected 1.1272. We rejected this zone with london price action and retail sales data earlier today. The Daily candle closed bearish with a large top wick. I'm not completely sold on taking sells though, no pun intended.
Long
by ShrewdCatfx
4
5 Trades this week & +2.40% 😆 / Part 1In this Weekly Review I breakdown my thought process for my first 4 trades of the week. The video was cut short due to a 20 Minutes max length for tradingview. I just learned about this since I am new to video analyses on tradingview. I will be uploading the Part 2 for my final (5th) trade of the week at some point this weekend. If you enjoyed the video, please leave a rocket or a comment 😁 I will be making more video analysis for the channel as I have been enjoying them myself. Anyways have a nice weekend.
Education
by ShrewdCatfx