EURUSD. Weekly trading levels 3 - 7.06.2024

1 Haz

During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade.
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. Next week I will adjust the levels based on new data and publish a new post.
! Please note that brokers have a difference in quotes, take this into account when trading.

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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I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade.
Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.

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3 Haz

İşlem aktif

Great start to the week. I missed Europe and sat closer to the American session from the schedule. By this time we had returned above the weekly zone. I clarified the rollback to the Daily zone and got into the deal.
TP was with a margin at the upper limit of the weekly zone. But he closed earlier with his hands at the lower border, where the daily level is.

I didn’t trade after closing, I didn’t have time. But we continue to grow after a good pullback back to the zone.

3 Haz

Not

The transaction itself with MT4