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Note: We previously hit a 50pip SL at this level, we're now looking to make back the loss. Risk is the ECB, but again, we're only looking at an SL of 50pips.
EURUSD - H4
- Will we break divergence?
- Find support and find normal levels?
- Fundamentally, EUR is weak.
- ECB rate decision = Risk
- H1 - Bearish pressure
- H4 - Bearish price action - broke sup level
- D - Expecting it to be bullish
RISK:
ECB Rate decision and continuation of the downtrend, leading to the SL being hit.
Happy Trading - Daniel
We hope you enjoy our content, please like and follow!
--
Note: We previously hit a 50pip SL at this level, we're now looking to make back the loss. Risk is the ECB, but again, we're only looking at an SL of 50pips.
EURUSD - H4
- Will we break divergence?
- Find support and find normal levels?
- Fundamentally, EUR is weak.
- ECB rate decision = Risk
- H1 - Bearish pressure
- H4 - Bearish price action - broke sup level
- D - Expecting it to be bullish
RISK:
ECB Rate decision and continuation of the downtrend, leading to the SL being hit.
Happy Trading - Daniel