TimStuyts

EURUSD towards 1.25-1.26

FX:EURUSD   歐元 / 美元
In this week's video I explained that for this week the upside is limited for EURUSD             . Previously I described that we are either extending higher or in need of a bigger correction. Price is making that extension scenario which means that we are still dealing with 1 unique wave on the weekly time frame. Short term I have been selling the EURUSD             from 1.23 and will sell again after a correction of this minor move lower. Medium term (next week) we might see this move lower from 1.23 mature and set-up for a buy continuation.



I will update this post for the possible buy next week but for now I like this correction to mature. If we see a sudden sell-off we are already in the trade. But my preferred scenario is a test of 1.25 and most likely 1.26 before we will see a major correction lower or possible reversal all together.

Safe trades!

評論:
hi guy's this week we were looking for a response in the EURUSD. The upside was limited and therefore we were either looking for a correction or a reversal all together. My preffered scenario is a continuation higher towards 1.26 to end this cycle on the weekly time frame.

However, short term there was not much room to the upside for this week and I have been selling the EURUSD for that first move lower towards 1.217 ish. Price came back up but the upside is still limited since we are still trading within the same trading-week. Therefore I shorted EURUSD once again to see whether this turns into a more complex correction. Stop is at break even but key take away is that EURUSD is moving as expected which means we most likely can start looking for buy trades next week. That would be a trade in line with the trend which should be easier and move faster.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出