EURSUD SELL SETUP

מעודכן
Here is my analysis and trade idea on EURUSD

EURUSD EQH’s were taken yesterday and the pair continued to push higher during Asia session.

I believe today price will sweep liquidity above Asia session and drop down.

My targets are 1.04950 and 1.04552

BEFORE OPENING YOUR TRADE:
- Remember risk management is 1-2% of your capital
- Take profit of your position partially. Don’t leave money on the table.
- Don't open too many orders at the same time
- Be patient
- Don't be so greedy
- Go to a lower timeframe to find break of structure and change of character (Choch). Remember No Choch – No Entry!
- DON’T FOLLOW IDEAS BLINDLY
- ALWAYS DO YOUR ANALYSIS BEFORE MAKING A TRADE!
YOUR TRADE IS YOUR DECISION!

If you have your own view about it, please share your thoughts in the comments.

Happy trading!
Note
Please note this is only a short term sell setup as I believe EURUSD will continue to push up
Note
Trade closed at 0.5100 as the dollar currency has lost some steam and I think its going to drop back to the demand zone.
Chart PatternsHarmonic PatternsTrend Analysis

כתב ויתור