EURUSD: Weekly overview and opportunities

24 Haz

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 Haz

Not

Start searching for shorting confirmations. Do it according your strategy

24 Haz

Not

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

25 Haz

Not

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 Haz

İşlem kapandı: hedefe ulaştı

Great profit!!