May Peace Be Upon You and Good Day!
Please find below my trading idea for EURUSD.
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Daily Timeframe:
1. BBMA there is CSA sell. Now prepping for reentry.
2. FMCBR. AO the momentum of buying is decreasing.
3. From H4 or H1, use the FIBO retracement to get the approximate zones for retracement.
Big Trend is still Uptrend (WK and MN)
Daily is making its reentry buy for Weekly.
The Trading Idea (Market Movement)
1. Retracement Move to Zone 1/Zone 2 (TP1 / TP2)
Zone 1 : 1.23304 - 1.23493
Zone 2: 1.24114 - 1.24276
2. Then Downtrend Move to Zone 1/ Zone 2 (TP1 / TP2)
Zone 1: 1.21603 / 1.21227
Zone 2: 1.19306 / 1.18317
Short Term: H1-H4 (Long)
Long Term: Daily (Short)
Disclaimer: This is my personal trading idea. It doesnt reflects to the real market movement. Please trade at your own risk (TAYOR)
Leave your comment or trading idea below :)
Cheers and have a great day!
SalamTrader.
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