EightfoldPath

EURUSD SELLING PRESSURE

EightfoldPath 已更新   
FX:EURUSD   欧元/美元
Momentum on the weekly, daily and 4 hour EMA all aligned heading SE. Monthly EMA is currently neutral and price is consolidating just above the daily trendline. If price is able to break and close below the bullish daily trendline then bearish pressure is likely to continue to push price lower to the next daily key level of 1.18860 and could continue down to 1.18350.

If however price breaks back to the upside we are likely to see price rally back 1.19900
交易开始:
stop above the previous consolidation high
评论:
Take partial profits and move stop to break even (just into profit)
评论:
As a side note I will be leaving this trade to run and will NOT be moving my stop from above the previous high of the consolidation area as I intend to hold this trade. The above comment is for anyone who may be intraday trading. Hope that helps. Again how you manage a trade is up to you (its preference). This is just my idea
交易结束:到达止损:
Price failed to close below daily support rebounding off monthly dynamic support
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