Evening Traders,
Today’s analysis – EURUSD – trading in a clear range with defined boundaries, a range low test is probable,
Points to consider,
- Price Actin Impuslsive
- Range High Resistance
- Range Low Objective
- Low Volume
EURUSD’s immediate price action is trading at a key resistance, the range high, this allows for a bearish bias.
The current objective is the range low, testing this level is like when a deviation occur on increasing volume.
Overall, in my opinion, EURUSD is a valid short with defined risk, price action is to be used upon discretion/ management,
Hope this analysis helps,
Thank you for following my work
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
Today’s analysis – EURUSD – trading in a clear range with defined boundaries, a range low test is probable,
Points to consider,
- Price Actin Impuslsive
- Range High Resistance
- Range Low Objective
- Low Volume
EURUSD’s immediate price action is trading at a key resistance, the range high, this allows for a bearish bias.
The current objective is the range low, testing this level is like when a deviation occur on increasing volume.
Overall, in my opinion, EURUSD is a valid short with defined risk, price action is to be used upon discretion/ management,
Hope this analysis helps,
Thank you for following my work
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
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— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.