EUR/USD Trading Plan

The price broke down Key Daily level 1.1529. On the chart you see how many times EURO bounced from that level.
It shows that big players have huge interest to move price down, Because if the price close under key level it is signal for short.

Also, why i think the price will move down
1. In 90% cases the price is move in cycles with 2 or 3 waves. There was only 1.

2. Daily candle close under key level.

3. There are low predictable risk.

4. Major currencies all together moves down.

S/L:1.1537
First goal is 1.1310. Second goal is 1.1230



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I'll write when to open a Short if this post get 45 like.

ความคิดเห็น:

Bearish reaction on NFP

Take a look on that fake up move when move started

ปิดการเทรด ด้วยตนเอง:

H4 close upper key level 1.1530
close sell
situation is changed