[EURUSD] End of the week analysis
Its friday. EURUSD is bearish long term due to crumbling EU economy and strong $.
If we want to see a bearish price action next week:
- Price must close preferably below previous week high
Short entries above 1.084 targeting previous week high.
If we want to see a bearish price action next week:
- Price must close preferably below previous week high
Short entries above 1.084 targeting previous week high.
註釋
I shorted this bearish engulfing 15m candle after it formed during London after raiding Tokyo highs註釋
closed 50% @ around 2rr for 1% before news SL now BE註釋
set TP to 3r @ 1.0816註釋
ive seen this PA before. Check link -date Aug 11 Friday 2023 (its also friday today)
-p.s. i remember the exact day & price action because i made some good bread that day.
-if Aug 11 PA will happen today
-Price will reach 1.0807 then bounce retrace for N.Y. wallstreet to enter then waterfall
註釋
will reenter shorts if N.Y. presents a good price.註釋
taking this 3rr off the market 註釋
targeting previous week high which is also daily low of yesterday.註釋
N.Y. Short entries註釋
SL hit previous entry 1st position 1% 2nd 0.5%total daily profit 2.5%
1% risk Reentered short
註釋
註釋
closed this one on 0.5% profittotal daily profit 3%
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