EURUSD short position
This could be the end of a big pull-back on the weekly chart. On the 4-hour chart the 20 and 50 MAs have just turned to down trend,
on the Daily chart the price is currently in between the 20 and 50 MAs.
If price bounces off resistance around 1.11400 (which would be the 20 MA on the Daily chart) then the move down on the 4-hour chart could continue on to the Daily chart, the Weekly down-trend would continue.
If price bounces this could be a good place to enter a short position, between 1.113 and 1.114, with a stop-loss at around 1.116.
on the Daily chart the price is currently in between the 20 and 50 MAs.
If price bounces off resistance around 1.11400 (which would be the 20 MA on the Daily chart) then the move down on the 4-hour chart could continue on to the Daily chart, the Weekly down-trend would continue.
If price bounces this could be a good place to enter a short position, between 1.113 and 1.114, with a stop-loss at around 1.116.
Transaction en cours
Entered at 1.13500Trade fermée: ordre d’arrêt atteint
Moved stop loss to 1.11450 when I was +30 pips (at 1:1). Price came back up and took me out for a 10 pip loss. Oh well, on to the next one.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.