A Further Look at EUR/USD and Bitcoin

in #forex6 years ago

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Hey guys,

Oh look st that, crypto is still up shit creek without the proverbial...

We’ll so you remember this EUR/USD long setup that I talked about yesterday?

EUR/USD Hourly

15E9227D-073B-4EDF-A547-27791D2A6E16.png

As higher time frame support had held, we now look to buy intraday pullbacks into short term resistance turned support.

That entry there had zero drawdown.

ZERO!!

Well the same level has been in play for the entire last 24 hours:

EUR/USD Hourly

91F147DC-2EAC-4633-9C5B-0B56363BB3F8.png

Chance after chance after possible chance to play it. A clear level to manage your risk around.

While I’m here, I may as well share something to keep you emo kids, emo.

Here’s the latest Bitcoin continuation zone I’m looking at:

BTC/USD Hourly

7625E89A-4C80-43D0-AB03-B6FE16AD657C.png

As were in a long term bearish trend, we look for intraday pullbacks into previous short term support turned resistance for shorts.

Just another day.

✌🏻.




@forexbrokr | Steemit Blog

Market Analyst and Forex Broker.

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Twitter: @forexbrokr
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Leave a comment to chat about forex and crypto trading mentorship.

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Buying Euro/usd at 1.1567 with tight stop at 1.1537. Market as I'm buying is at 1.1562, hoping for a run up to 1.1630 .I like the stop grabber action on the daily chart around 1.1535 from last november.

Do you have a chart to show me exactly the price action you’re referring to back in nov?

It doesn't matter, that trade went south. Are you actually a forex broker, or affiliated with one?

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