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Simple Trading setup on EURUSD

FX:EURUSD   유로 / 미국 달러
Hi Traders,

I’ve got my eye on EUR/USD We have basic price action on this instrument with a clear head and shoulder pattern showing, I deeper push into 1.0700 would be ideal, If price manages to remain below and reject that lever I will be more than happy to start looking for short opportunities.

My Target is at 1.0600 Which is not only a Psychological resistance But also an untested level since the break above. I am on the lookout for near-term support at the neckline priced at 1.06454 Where I would close some positions for a rather decent 2 R trade.

My method of entry remains the same with all trades, Looking for price to reject and show strong signs of selling.

Much of our trading comes down to a battle between our patients and our impulses, Remain disciplined.

Renaldo Philander

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