✍️ EURUSD: Market maker loss as downside priority.
✍️ EURUSD: Market maker loss as downside priority.
🌐 The nearest resistance level for today is the option balance of the day (1.1752).
The main scenario for today is a successful test of this resistance and a subsequent decline with a limit buy target (1.1720).
The close proximity of the market maker's loss level (1.1722) further strengthens it.
👉 In case of breakdown and fixation below the price level of 1.1720 the hedge support zone (1.1693) is the final downside target before day's close.
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👉 Crude Oil: going for a retest of the market maker's loss.
✍️ During the European session on Monday, August 10, reached the market maker loss level (65.82) indicated in yesterday's trade idea.
In case of a test of the nearest resistance for today,- the limit seller (67.84) we expect formation of a sell pattern and a further decline with the target,- the market maker's loss level (65.82).
🌐 In case of deep intraday decrease with fixation below the level of minimal profit of the market maker (65.82) the final target of the decrease till the American trading session closing is the limiting buyer (65.16).
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🌐 The nearest resistance level for today is the option balance of the day (1.1752).
The main scenario for today is a successful test of this resistance and a subsequent decline with a limit buy target (1.1720).
The close proximity of the market maker's loss level (1.1722) further strengthens it.
👉 In case of breakdown and fixation below the price level of 1.1720 the hedge support zone (1.1693) is the final downside target before day's close.
🤔 Like the idea? 👍 like it ✍️ write a comment
👉 Crude Oil: going for a retest of the market maker's loss.
✍️ During the European session on Monday, August 10, reached the market maker loss level (65.82) indicated in yesterday's trade idea.
In case of a test of the nearest resistance for today,- the limit seller (67.84) we expect formation of a sell pattern and a further decline with the target,- the market maker's loss level (65.82).
🌐 In case of deep intraday decrease with fixation below the level of minimal profit of the market maker (65.82) the final target of the decrease till the American trading session closing is the limiting buyer (65.16).
🤔 Like the idea? 👍 get a like ✍️ write a comment
