Back to all Ideas

EUR/USD approaching fresh supply

by Saul L, February 1, 2022

EUR/USD H4 SnD

by Saul Lokier February 1, 2022

3
Share

EUR/USD

|

Short

|

H4

Timeframe:

H4

Analysis Method:

SnD

Analysis:

Aligned with downtrend and previous break down, price is approaching a fresh supply area.

Trade Plan:

wait for a reaction of the supply area to sell. Ideally, if price approaches the area in compression

Risk Management:

SL above Supply area

Things To Watch For:

news on USD and EUR

LEAVE YOUR COMMENT HERE:

DISCLAIMER

The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product.

WE FUND FOREX TRADERS!

The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.

Get Your Forex Funded Trading Account

Your message is underway!

You will be hearing from us shortly