EURUSD - Short - May 12

Hello Dear Traders and Investors!

Let's kick it with H4 Chart

Now we have great opportunity to execute our trades in possible RANGE from 1.11618 to 1.12430. I'm expecting a provocation to 1.12800 zone (this is minor provocation and expecting big impulse are risky!)

The best scenario for us to look for shorts from 1.13500 zone.

REMEMBER: Its very important to put yourself in best conditions from the start, so choose trades with BETTER RATIO


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Regarding D1 TimeFrame

Price on a lower border of the range, still need confirmation from this week to see if we get back in our trading range

Now interesting situation on H1

We had a narrow trading range last week and at the end of it we have PLC (my instrument of analysis) above trading range. It signals us that there is a change that price will fell down without doing any provocation.

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Conclusion:

I gave you 2 most probably scenario which im expecting this week. Always execute trades upon FACTS which you see now, since situation can change anytime...yes this is the market and we have to adapt to it.