EUR/USD

|

Short

|

H4

Timeframe:

H4

Analysis Method:

Retest of a broken trendline

Analysis:

EURUSD has broken below a trendline. A retest of this trendline may serve as resistance.

Trade Plan:

Wait for EURUSD to return to the area of 1.0930 and show price action for short

Risk Management:

Place the SL order above the marked resistance zone

Things To Watch For:

Reversal candles

Share
Tags: EUR/USD

Recent Posts

The Art of Mastering Key Reversal Patterns – The5ers Live Trading Room

Live Trading Room The trading rooms are the opportunity to trade together with our traders!…

4 days ago

$125K Funded Trader Got Paid 4 Times and Withdrew $7,191 Overall

"I believe a lot of trading is about self-reflection and being honest with yourself. In…

1 week ago

Orderblocks: The Secret To Profitability – The5ers Live Trading Room

Live Trading Room The trading rooms are the opportunity to trade together with our traders!…

2 weeks ago

$100K Full-Time Funded Trader Withdrew $7,565 – The5ers

"Don't focus on profit, dont focus on money, just focus on developing your strategy, and…

2 weeks ago

Trading Strategies That Actually Work – The5ers Live Trading Room

Live Trading Room The trading rooms are the opportunity to trade together with our traders!…

3 weeks ago

$100K Full-Time Funded Trader Withdrew $5,102 – The5ers

"My mental/psychological strength comes from the fact that I know that even a strong setup…

3 weeks ago