EURUSD: Weekly overview and opportunities

24 thg 6

Reasons to Long:

Bearish long-term channel
Last break was bearish


Reasons to Short:
Near a demand zone that coincides with the bottom of the channel, which is around 1.0620
It seems that a weak short-term zone appeared around 1.0680

Conclusion:
I predict a slightly bullish week. However, I'll wait to reach mid-term zones that can be found between 1.0760 and 1.0720 to short the pair. I don't recommend taking long trades here unless you are a scalper or an extremely short-term trader.

24 thg 6

Ghi chú

Start searching for shorting confirmations. Do it according your strategy

24 thg 6

Ghi chú

Yet not any bearish confirmation for me! Share your idea if you find a LTF confirmation.

25 thg 6

Ghi chú

There were 2 bearish confirmations regarding my strategy I've entered in reversal but I left some of my risk capacity open. Let's see the result!

27 thg 6

Đóng lệnh: đạt mục tiêu

Great profit!!