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EURUSD Technical Analysis And Trade Idea Update

Bears Steps

EURUSD Technical Analysis And Trade Idea Update

Yesterday we have entered a short trade and generated 65 pips so far.

EURUSD Intraday Trade Plan 03-15-2018 Update: Target 2 Reached

An important detail appeared on the H4 Chart Timeframe.

EMA 50, EMA 100 and EMA 200 crossing down. We call it ” GOLDEN CROSS”. This Bearish Cross tells us that Bears are much eager now.

1.22900 is the critical support. Break below the critical support will trigger the bearish move. 1.22550 and 1.22090 will be the next target of the pair.

1.23750 is the stop loss of this bearish move.

Target levels below 1.22900 are 1.22550 and 1.22090.

We have a Bullish Bat below 1.22090 and we will publish it for Premium Members Today.

NOTE: We may see a high volatility on EUR and GBP pairs since its the last days of June Future Contracts.

IMPORTANT: Patience and Money Management are key to success in trading.  Your risk ( Stop Loss ) must be maximum 1%.

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.

 

 

 

CHARTREADERPRO INTRADAY SIGNALS
EURUSD Technical Analysis: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

 

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