Navigating A Weaker Bull Trend For Strategic Trading
It appears EURUSD is currently within a Weaker Bull Trading setup.
For trend traders, waiting for a counter-trend opportunity might be a potential strategy.
Counter-Trend Traders, here are two considerations for your approach:
As the market resides in the supply zone on the Daily Chart, waiting for a double top formation coupled with RSI Divergence could offer an entry point for your trade.
Alternatively, keep an eye out for an ABCD Pattern as it unfolds, presenting another counter-trend trading setup.
These strategies aim to navigate against the prevailing trend, so it's essential to apply rigorous risk management practices.
Happy trading!
For trend traders, waiting for a counter-trend opportunity might be a potential strategy.
Counter-Trend Traders, here are two considerations for your approach:
As the market resides in the supply zone on the Daily Chart, waiting for a double top formation coupled with RSI Divergence could offer an entry point for your trade.
Alternatively, keep an eye out for an ABCD Pattern as it unfolds, presenting another counter-trend trading setup.
These strategies aim to navigate against the prevailing trend, so it's essential to apply rigorous risk management practices.
Happy trading!
We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.