Linorth
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EUR/USD - 4H

FX:EURUSD   欧元/美元
I expect the price to jump higher a bit towards the resistance line of 1.2500 and then fall to around the support line of 1.22500. then we might see a bit of range before it falls further down and hit the support line of 1.19550 .
Hi Linorth I wants to do forex trading with you.me need your forex trading help. Your forex prediction is great.so how you can me success in forex trading ....?
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Hi, thanks for sharing this idea (unfortunatly price fell directly to support). Any specific reasons why the price will not bounce again on 1.225 support to 1.25?
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Linorth DenisPFX
@DenisPFX, you see Denis, when I share an idea and give a general direction for the price (unlike most analysis you see where the person is basically saying it either goes up or down! I always give one direction for the price)

here I said the target is the support line of 1.22500, but we might first see a move towards the resistance at 1.2500. this means that if you want to trade it with me, you should short it here in part, and if it made the jump to resistance add to your position there too.


currently its near the support area, so it can move up again, as long as its still above the 1.22500 line, I won't short it myself. I'll wait for the price to either break through the support, or make its jump to 1.25 so I can sell it there.

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DenisPFX Linorth
@Linorth, Thanks for your reply, I got the point. So for this currency I understand you are expecting selling opportunities.
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Linorth DenisPFX
@DenisPFX, you're welcome, mate. yeah I'm looking for a sell opportunity for now.
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