Hello,
Originally had a premature post on EUR/USD reversal yesterday, though price did drop a small 30 pips, I was stopped out IN profit. Given the bearish sentiment for this mornings news formed a catalyst to inadvertendly have price rise. We are now looking for price to fall, our sell zone is now 1.16950-1.17250. This zone was chosen from previous trendline, demand, and overbought TDI daily confluence. I am looking for confirmation to enter this trade due to the confluence embellished in technical analysis above. Upon receiving that confirmation, I will then look for a better entry on a lower time frame; thus allowing me to minimize risk. Please execute with your own due diligence. The financial markets are risky, I am not responsible for any capital loss.
Thanks,
Trade Wisely
Originally had a premature post on EUR/USD reversal yesterday, though price did drop a small 30 pips, I was stopped out IN profit. Given the bearish sentiment for this mornings news formed a catalyst to inadvertendly have price rise. We are now looking for price to fall, our sell zone is now 1.16950-1.17250. This zone was chosen from previous trendline, demand, and overbought TDI daily confluence. I am looking for confirmation to enter this trade due to the confluence embellished in technical analysis above. Upon receiving that confirmation, I will then look for a better entry on a lower time frame; thus allowing me to minimize risk. Please execute with your own due diligence. The financial markets are risky, I am not responsible for any capital loss.
Thanks,
Trade Wisely
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Taking partials: 79+ pips