This is my latest analysis on EUR/USD. I will be monitoring price action over the upcoming week and if the rules of my strategy are satisfied, i will enter on this pair. This is my analysis done in line with a 1 hour break out strategy.
*What I will be watching for: Price action to break out the top of the bearish parallel channel, close outside the channel and wait for a 2nd candle outside as confirmation before entering on this pair. This trade set up has 2 targets, TP1 and TP2.
Fundamentals: www.investing.com/economic-calendar/
We are waiting for price action so that we can react, not to try and predict.
Please feel free to leave a comment and share your thoughts or ideas.
How does your analysis look?
#NotFinancialAdvise
*What I will be watching for: Price action to break out the top of the bearish parallel channel, close outside the channel and wait for a 2nd candle outside as confirmation before entering on this pair. This trade set up has 2 targets, TP1 and TP2.
Fundamentals: www.investing.com/economic-calendar/
We are waiting for price action so that we can react, not to try and predict.
Please feel free to leave a comment and share your thoughts or ideas.
How does your analysis look?
#NotFinancialAdvise
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