Ladies and gentlemen, EURUSD is in full-blown volatility mode right now—HWC and LWC are ranging, so whatever the LWC does, that's what we respect and trade off. 🧙♂️
In the 1H timeframe, after that first bearish leg and the correction that followed, we're primed for the next impulsive drop. Break of 1.17011? That's our short trigger all day.
Personally, if this candle closes like it's shaping up, I'm jumping in short right here. Why? 7 SMA is sitting below the candle, sellers are dominating hard, buyers are basically ghosts, and we're clearly in the second bearish leg. Plus, it hands me a sweet stop loss spot—if volatility rejects and we bounce past 1.17011, I can still hold a position.
If we get rejected and flip upside instead, break of 1.17385 could trigger a long—but that's riskier territory.
For the short we triggered, scale out with partial profits. For any long, resistances at 1.17786 and 1.18026 in order make solid take-profit zones.
Capital management—don't ever forget it, and stay far away from FOMO.
By the way, I’m Skeptic, founder of Skeptic Lab.
I focus on long-term performance through psychology, data-driven thinking, and tested processes.
Thanks for riding this idea—if it delivered value, hit that boost to keep the momentum rolling and follow to build the squad. Toss any symbol you want dissected in the comments, I'll handle it. 🩵
Now get outta here.
In the 1H timeframe, after that first bearish leg and the correction that followed, we're primed for the next impulsive drop. Break of 1.17011? That's our short trigger all day.
Personally, if this candle closes like it's shaping up, I'm jumping in short right here. Why? 7 SMA is sitting below the candle, sellers are dominating hard, buyers are basically ghosts, and we're clearly in the second bearish leg. Plus, it hands me a sweet stop loss spot—if volatility rejects and we bounce past 1.17011, I can still hold a position.
If we get rejected and flip upside instead, break of 1.17385 could trigger a long—but that's riskier territory.
For the short we triggered, scale out with partial profits. For any long, resistances at 1.17786 and 1.18026 in order make solid take-profit zones.
Capital management—don't ever forget it, and stay far away from FOMO.
By the way, I’m Skeptic, founder of Skeptic Lab.
I focus on long-term performance through psychology, data-driven thinking, and tested processes.
Thanks for riding this idea—if it delivered value, hit that boost to keep the momentum rolling and follow to build the squad. Toss any symbol you want dissected in the comments, I'll handle it. 🩵
Now get outta here.
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Publicaciones relacionadas
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.