Watch out guys!
So many people is waiting to go long here.
Is it the right place? yes, you can say that.
We have S levels, we have demand zones, we have oversold RSI etc.
But this trade is so crowded by now and that i don't like, coz trades like this one are so good for SL hunting.
So easy guys, take your time, give the trade some time, wait for
clean reversal signals, wait for bounce and retest etc.
My long term view for EUR is bearish. And yes it have to make a correction and i wish a deep one :) but don't rush!
Is it the right place? yes, you can say that.
We have S levels, we have demand zones, we have oversold RSI etc.
But this trade is so crowded by now and that i don't like, coz trades like this one are so good for SL hunting.
So easy guys, take your time, give the trade some time, wait for
clean reversal signals, wait for bounce and retest etc.
My long term view for EUR is bearish. And yes it have to make a correction and i wish a deep one :) but don't rush!
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Interesting, but i just don't trust Sunday levels :)ملاحظة
Things are going the right way but still i am waiting for more clear signal as shown in the chart! The Dollar is very strong and i need very clear signals for this correction.ملاحظة
So guys, so what i meant by saying watch out for this trade? We still not having a strong reversal signal, but we are having a double bottom soon and divergence on RSI. ملاحظة
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So guys, getting many messages that i am waiting too long on the buy! So here is a chart for the more aggressive trader and more eager to enter.
You can actually enter as far as those market areas in the chart below still intact!
Good luck!
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Guys i don't like the look of this, it's looking like a bearish flag right nowthe good thing is the strong support under that. That's why the title of this idea was Watch Out!
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As i said in the above chart i didn't like the look of that flag yesterday. Here are some levels that need to be broken to really considering or thinking of any sell IMO.ملاحظة
I still not trusting this up move 100%, but the TL was respected very well and a BO on 4H can be a entry reason for those who can afford the risk.ملاحظة
H & S on DXY 1H and divergence on RSI If this 4H close strongly above the TL would be a reason for long.
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Oooops here that DXY H&S :)ملاحظة
4 days of killing SL :)ملاحظة
I am over exposed for now so not taking this but here what we have for now guys!ملاحظة
And the DXY confirmation!
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.