ProfessorCEWard

EURUSD: Curve Analysis (216m)

Penjualan
OANDA:EURUSD   Euro / Dollar AS
✨ Today's USD News was a tremendous catalyst to this short we've been waiting on for days
(see the previous Curve Analysis under "Related Ideas" attached to this post)

πŸ“‰ As anticipated, on the 1m chart, we got our first confirmation of PA breaking out of the range to the downside.

πŸ™πŸΎ Let's hope it holds
Komentar:

EURUSD (1H)
SLO1 @ 1.0638 πŸ“‰
TP1 @ 1.0595 πŸ€‘
TP2 @ 1.0560 πŸ€‘
TP3 @ 1.0533 πŸ€‘
TP4 @ 1.0495
TP5 @ 1.0470

πŸ€”If PA retraces back up to Supply, there's also the possibility of PA reacting to it and returning to the downtrend

πŸ™ Hopefully, PA reaches our TP4, and TP5 as well
Komentar:

✍️ Since PA on the NZDUSD has the probability of going higher, the same would be true of the EURUSD, since they are positively correlated

🚫 I'm lowering my +SL @ 1.0569 in case it breaks this Supply Zone, which I think it will
Trading ditutup: stop tercapai:
As anticipated, Price Action broke the Supply Zone and triggered our +SL for a profit of +68 pips.

Professor C. E. Ward
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