EURUSD. Weekly trading levels 6 - 10.05.2024

4 May

During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. The next morning I adjust the levels based on the new data and publish a new post.

The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)

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Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern.


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6 May

İşlem aktif

Start of the week. Very wide. There's no news in sight, it'll take a long time to get to the border

6 May

İşlem aktif

nothing yet)

7 May

İşlem aktif

The euro hovered without moving. But the level on Gold worked perfectly. The idea for Gold in Related Ideas

9 May

İşlem aktif

Either I took the levels wide, or the euro doesn’t want to move)

10 May

İşlem aktif

we waited a week and got a good reaction to the level

11 May

İşlem elle kapatılmış

A very interesting week. The zones were wide, the price remained flat between them.