Hi traders,
Welcome to the CorbCorp Trade Of The Week.
This week I expect fair a bit of volatility in the EUR and USD Crosses due to the economic events ahead.
My focus is on the EURAUD where I see a good set up and good entry possibilities.
At the beginning of the week, I expect the price to retest the broken bullish trendline (or the 1.57500 level in case of extreme volatility), where I suggest to take a bearish position with a stop loss above the crab reversal zone 1.57856.
In my opinion first strong support is at the TK2 of the bearish crab between 1.56143 and 1.56018, but my target for the week is the reversal zone of the bullish bat in confluence with the 1.55000 QP.
Feel free to comment or add info to my analysis.
Good Luck!
CorbCorpFX
Welcome to the CorbCorp Trade Of The Week.
This week I expect fair a bit of volatility in the EUR and USD Crosses due to the economic events ahead.
My focus is on the EURAUD where I see a good set up and good entry possibilities.
At the beginning of the week, I expect the price to retest the broken bullish trendline (or the 1.57500 level in case of extreme volatility), where I suggest to take a bearish position with a stop loss above the crab reversal zone 1.57856.
In my opinion first strong support is at the TK2 of the bearish crab between 1.56143 and 1.56018, but my target for the week is the reversal zone of the bullish bat in confluence with the 1.55000 QP.
Feel free to comment or add info to my analysis.
Good Luck!
CorbCorpFX
交易進行
entry at 1.56835註釋
Bat reversal zone reached. Next Target 1.56027 Note:
the overall market is trending down. my T k for the trade is 1.53888
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