Inzamam9012

Trading Idea Regarding EURUSD

Satış
FX:EURUSD   Euro / ABD Doları
According to my analysis this currency pair is going bearish inshallah
My Analysis consist of the Fallowing Four Steps


1------->Behavior:

*Market Structure(M.S)------> Moving in side ways direction after strong move to the upside in 4 hour Time Frame

*S&R------> Price has reached strong resistance zone(Bearish move is expected)

*Trend Line------> Price has reached strong falling resistance zone (Bearish Behavior)

2------>Momentum:

*Previous Candle Close(P.C.C)------> Bullish close (a little pull back is expected before continuation of downtrend)

*Current Candle Close(C.C.C)------> Inverted hammer appear in pull back and close bearish(continuation of downtrend)


3------>Chart Pattern M30 Time Frame:
*Breakout Raising Channel------>Breakout the raising channel and now retesting it indicating continuation of bearish behavior

*Double Top Chart Pattern------>Has created the double top chart pattern which also indicating continuation of bearish behavior


4------>Entry/Exit Point:

*Entering Point------> Enter the market after the breakout of the structural low of double top chart pattern

*Exit Point------>

*Stop Loss------> Stop Loss above the structural High

*Target------> TP1 Strong Support zone in 30 mint Time Frame

*Target------> TP2 Strong Support zone in 30 mint Time Frame

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.