Euro / US-DollarShort
EURUSD MAY SELL NEXT WEEK
WHY !
CORRELATION: DXY IS BULLISH SIGNALING STRONG DOLLAR AND USD LOOKS STRONG AGAINST OTHER CURRENCIES
TREND: DAILY IS IN AN OVERALL DOWNTREND AND CLOSED BEARISH, 4H IS STILL BULLISH BUT WAITING FOR STRUCTURE SHIFT i.e BREAK OF TRENDLINE AND KEY LEVEL BETWEEN 1.19167-1.19062
ENTRY : ENTER ON RETEST AFTER BEARISH BREAK AND CLOSE BELOW TRENDLINE AND SUPPORT ZONE. I WILL SCALE DOWN TO LOOK FOR MY LOWER TIME FRAME ENTRY PATTERNS
TARGETS: 1.18357
: 1.17940
DISCLAIMER: NOT A SIGNAL. ANALYSIS BASED ON MY TRADING PLAN
HAPPY WEEKENDS
IF YOU WOULD LIKE WEEKLY MARKET ANALYSIS VIDEOS TO BE POSTED HERE ON THE MARKETS AM LOOKING TO TRADE AND HOW I MAY ENTER PLEASE FEEL FREE TO LET ME KNOW IN THE COMMENTS
CORRELATION: DXY IS BULLISH SIGNALING STRONG DOLLAR AND USD LOOKS STRONG AGAINST OTHER CURRENCIES
TREND: DAILY IS IN AN OVERALL DOWNTREND AND CLOSED BEARISH, 4H IS STILL BULLISH BUT WAITING FOR STRUCTURE SHIFT i.e BREAK OF TRENDLINE AND KEY LEVEL BETWEEN 1.19167-1.19062
ENTRY : ENTER ON RETEST AFTER BEARISH BREAK AND CLOSE BELOW TRENDLINE AND SUPPORT ZONE. I WILL SCALE DOWN TO LOOK FOR MY LOWER TIME FRAME ENTRY PATTERNS
TARGETS: 1.18357
: 1.17940
DISCLAIMER: NOT A SIGNAL. ANALYSIS BASED ON MY TRADING PLAN
HAPPY WEEKENDS
IF YOU WOULD LIKE WEEKLY MARKET ANALYSIS VIDEOS TO BE POSTED HERE ON THE MARKETS AM LOOKING TO TRADE AND HOW I MAY ENTER PLEASE FEEL FREE TO LET ME KNOW IN THE COMMENTS
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