EUR USD ANALYSIS *NEWBIE*
TIMEFRAMES: 4hr(bias), 1hr(position), 30min (entry)
Indicators: Price action, 50ema
Position: Short
So im a newbie (16yo) and I'm practicing trading, Pls leave a comment on what to do next like what to improve.
The Price has broken the trendline,Which might indicate a reversal, and i the market of eur/usd is currently on a possible downtrend. I will enter the market is the price goes a little higher and touches its lower low.
Pls tell me what to improve
Indicators: Price action, 50ema
Position: Short
So im a newbie (16yo) and I'm practicing trading, Pls leave a comment on what to do next like what to improve.
The Price has broken the trendline,Which might indicate a reversal, and i the market of eur/usd is currently on a possible downtrend. I will enter the market is the price goes a little higher and touches its lower low.
Pls tell me what to improve
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