Hey Rich Friends,
Happy Monday! I wanted to share my analysis on EURUSD and why I think it will sell. This is only a technical analysis so please check the news and cross-reference your own charts. Here is what I am looking at:
- Momentum has picked up for the sellers after the swing high was hit. This means a downtrend has started and is picking up.
- The market structure was broken on the downside on M15 and H1. There was a retest and previous support became resistance.
- The stoch is facing down, both lines have crossed below 80, slow line (orange) is above the fast line (blue) which is a bearish confirmation for me.
Additional information:
- I will wait for both lines of the stoch to cross below 50 to confirm the down trend.
- I will use previous highs as my SL and previous lows as my TPs.
Good luck if you decide to take this trade, let me know how it goes.
Peace and Profits,
Cha
Happy Monday! I wanted to share my analysis on EURUSD and why I think it will sell. This is only a technical analysis so please check the news and cross-reference your own charts. Here is what I am looking at:
- Momentum has picked up for the sellers after the swing high was hit. This means a downtrend has started and is picking up.
- The market structure was broken on the downside on M15 and H1. There was a retest and previous support became resistance.
- The stoch is facing down, both lines have crossed below 80, slow line (orange) is above the fast line (blue) which is a bearish confirmation for me.
Additional information:
- I will wait for both lines of the stoch to cross below 50 to confirm the down trend.
- I will use previous highs as my SL and previous lows as my TPs.
Good luck if you decide to take this trade, let me know how it goes.
Peace and Profits,
Cha
İşlem aktif
Sell limit triggered at 1.12510İşlem kapandı: durdurma seviyesi
Stop loss hit - 25 pips for me. 
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.