EURUSD - still in a short. Will it continue?
EURUSD continues downward from its new year push hitting resistance from the start of December 1.109 levels. The price has pulled back a bit and I'm expecting it to find resistance at the 1.113 level before another push to 1.106 and lower.
As shown in my graph, I'll exit with a Renko brick in the opposite direction that has a wick. The only exception is if it bounces off a support level. In that case I'll wait for a 2nd Renko brick for confirmation. My first TP is around 1.106.
Good luck trading next week.
As shown in my graph, I'll exit with a Renko brick in the opposite direction that has a wick. The only exception is if it bounces off a support level. In that case I'll wait for a 2nd Renko brick for confirmation. My first TP is around 1.106.
Good luck trading next week.
Note
Now back to the level I expected. Waiting for confirmation of a rejection here.
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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.