whilst waiting for the planned long entry published in the last chart (link below), there appears to be possible short trade available as price has bounce in corrective manner hence another leg lower from current price level is possible.
Hence, decent short trade could be considered as per the details on the chart.
Trade 1 is if we get spike higher above 1.14
Trade 2. is if we get weakness in price right way from current level.
I am anticipating that EURUSD could end the week lower. Warning: This is my interpretation of price action using TA approach that I consider helps me most but could be completely wrong. Therefore as always, do your own analysis for your trade requirement and ignore my views.
For those who appreciates my analysis, select to follow me and the chart for notification of future updates. Indicate you like my analysis by thumbs up, comments and sharing it with others. If you have an alternative idea then please be constructive and share for all to learn from.
Thank you for taking the time to read my analysis.
DanV
danv-charting.com
Hence, decent short trade could be considered as per the details on the chart.
Trade 1 is if we get spike higher above 1.14
Trade 2. is if we get weakness in price right way from current level.
I am anticipating that EURUSD could end the week lower. Warning: This is my interpretation of price action using TA approach that I consider helps me most but could be completely wrong. Therefore as always, do your own analysis for your trade requirement and ignore my views.
For those who appreciates my analysis, select to follow me and the chart for notification of future updates. Indicate you like my analysis by thumbs up, comments and sharing it with others. If you have an alternative idea then please be constructive and share for all to learn from.
Thank you for taking the time to read my analysis.
DanV
danv-charting.com
