Hello everyone:
Just like the previous trades I posted on USD pairs and GOLD, EURUSD is also sitting on strong resistance area of 1.1900 and over extended. On the 4 hr chart, we see a clear break down from the channel, signalling the bullish momentum may be exhausted, and a pullback on the daily chart may occur on EURUSD. This week I am looking for a intraday pullback, lower high to confirm and enter a short position down to the 50.00% area, as well as a the support trend line as a target.
Thank you for your support and feedback.
JoJo
Just like the previous trades I posted on USD pairs and GOLD, EURUSD is also sitting on strong resistance area of 1.1900 and over extended. On the 4 hr chart, we see a clear break down from the channel, signalling the bullish momentum may be exhausted, and a pullback on the daily chart may occur on EURUSD. This week I am looking for a intraday pullback, lower high to confirm and enter a short position down to the 50.00% area, as well as a the support trend line as a target.
Thank you for your support and feedback.
JoJo
코멘트:
Daily outlook:
I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
