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Follow up on #EURUSD
the market came to structure support and did as predicted in my last two posts.
I bought the market last week and got out before hitting my target as traders in this market showed no confidence in the rally so I decided to get out.
now looking at the chart I see no desire from traders to take the market above 1.1970-1.1980 level, so I disregarded buying at this level, the only way I will think of buying the market is if we break and closes above 1.2000, then I will consider looking for trend continuation entry.
if the market came back to test the lows I have no interest in buying as I don't believe the market will do the move to the upside twice.
if the market breaks and closes below the structure support level is will look for a valid short that meets my rules to target the low.
Check today analysis below⠀
>>“There is no single market secret to discover, no single correct way to trade the markets.
__________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Follow up on #EURUSD
the market came to structure support and did as predicted in my last two posts.
I bought the market last week and got out before hitting my target as traders in this market showed no confidence in the rally so I decided to get out.
now looking at the chart I see no desire from traders to take the market above 1.1970-1.1980 level, so I disregarded buying at this level, the only way I will think of buying the market is if we break and closes above 1.2000, then I will consider looking for trend continuation entry.
if the market came back to test the lows I have no interest in buying as I don't believe the market will do the move to the upside twice.
if the market breaks and closes below the structure support level is will look for a valid short that meets my rules to target the low.
Check today analysis below⠀
>>“There is no single market secret to discover, no single correct way to trade the markets.
__________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
