Looking ahead to next week, I am bearish on the EUR/USD market.
The MACD is currently positioned below the zero line, signaling downward momentum, although we have seen a MACD cross that suggests a potential entry point for a short position.
Additionally, the price closed below the Point of Control (POC) for the previous week, reinforcing a bearish outlook.
My target for this trade is the untouched POC level at 1.08235. I am considering a potential entry point at 1.08879, where a retracement might offer a favorable opportunity to capitalize on the anticipated downtrend.
The MACD is currently positioned below the zero line, signaling downward momentum, although we have seen a MACD cross that suggests a potential entry point for a short position.
Additionally, the price closed below the Point of Control (POC) for the previous week, reinforcing a bearish outlook.
My target for this trade is the untouched POC level at 1.08235. I am considering a potential entry point at 1.08879, where a retracement might offer a favorable opportunity to capitalize on the anticipated downtrend.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.