歐元 / 美元看空
EUR/USD Forecast: Long then short
Here is our analysis on EUR/USD
RECAP:
In our previous analysis the pair was trading @ 1.19300
We expected the pair to touch support @ 1.18600 before retracing back to 1.19500
and this is exactly what happened
The pair triggered our Sell Stop at 1.19 & hit our TP @ 1.18800 which we adjusted & closed at 1.18700
banking us 600 pips on the pair.
WHAT TO EXPECT:
Currently pair is bearish
But we expect the pair to retrace back to the support/resistance at 1.19500 before continue its bearish trend
We have an active buy on the pair
Pair is still within its descending channel
OUR POSITIONS:
Currently @ 1.18700
Buy Stop @: 1.18800
Buy Stop TP @: 1.19
No sell stop positions have been opened
link to our previous analysis below
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
RECAP:
In our previous analysis the pair was trading @ 1.19300
We expected the pair to touch support @ 1.18600 before retracing back to 1.19500
and this is exactly what happened
The pair triggered our Sell Stop at 1.19 & hit our TP @ 1.18800 which we adjusted & closed at 1.18700
banking us 600 pips on the pair.
WHAT TO EXPECT:
Currently pair is bearish
But we expect the pair to retrace back to the support/resistance at 1.19500 before continue its bearish trend
We have an active buy on the pair
Pair is still within its descending channel
OUR POSITIONS:
Currently @ 1.18700
Buy Stop @: 1.18800
Buy Stop TP @: 1.19
No sell stop positions have been opened
link to our previous analysis below
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
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