Hey everyone!
This is my first ever idea I've sent out to the public so bare with me on how I present my ideas in an intuitive manor to everyone here.
So as we can see EURUSD has generated a nice level of resistance between 1.07871 and 1.06172 on the H4 Chart.
Moving down to the H1 Chart which is where I enter in for my positions, I have highlighter smaller areas of interest where I have subsequently entered a short position with an overall target of 1.03981 which is the next major level of support.
This is an incredibly simple idea of highlighting major areas of interest on the higher timeframes. With the horizontal rays shown on the chart, you can see how I manage my trade and risk.
If anyone has any questions about how I present my work, or any ideas on how to further improve my technical analysis, please comment on this post. I love criticism; it helps me improve!
This is my first ever idea I've sent out to the public so bare with me on how I present my ideas in an intuitive manor to everyone here.
So as we can see EURUSD has generated a nice level of resistance between 1.07871 and 1.06172 on the H4 Chart.
Moving down to the H1 Chart which is where I enter in for my positions, I have highlighter smaller areas of interest where I have subsequently entered a short position with an overall target of 1.03981 which is the next major level of support.
This is an incredibly simple idea of highlighting major areas of interest on the higher timeframes. With the horizontal rays shown on the chart, you can see how I manage my trade and risk.
If anyone has any questions about how I present my work, or any ideas on how to further improve my technical analysis, please comment on this post. I love criticism; it helps me improve!