’ve taken a trade on EUR/USD based on a signal from my custom indicator (designed and fine-tuned by yours truly). The setup is built on the 1-hour timeframe with a 1:1 risk-to-reward ratio.
The trade aligns with a short-term support level and is in confluence with the recent movement of the DXY (Dollar Index), which adds extra weight to the idea. No higher...
I'm placing a sell limit order on AUD/USD at a key resistance level, with a take profit set at the bottom of the current daily range. This is a swing trade based on both technical structure and fundamental reasoning.
Technically, price has been moving in a consolidation range on the daily chart, trading between the EMA 100 and EMA 200, which often signals...
