Back to all Ideas

Sell EURUSD – Capped by 200 SMA

by Saqib I, October 25, 2021

EUR/USD H4 vsa

by Saqib Iqbal October 25, 2021

3
Share

EUR/USD

|

Short

|

H4

Timeframe:

H4

Analysis Method:

vsa

Analysis:

Gains capped by 200-SMA (4-hour), the pair fell sharply below the 20-SMA and key support of 1.1600. The price is looking to test YTD lows at 1.1520.

Trade Plan:

sell now

Risk Management:

1%

Things To Watch For:

daily close below/above 1.1600

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