Weekly Trade Idea for aug 15 2022
EU has been struggling to breakthrough the sell zone for more than two weeks.
As we trade the monthly cycle of high and lows, it is the time for the cycle to drop to the buy zone.
The current price as of Aug 17 is @ 1.01692, we are looking forward for the price to drop down to at least 1.00734. you might short if you are trading shorter timeframe or scalping.
However here we are trading swing and trading days range from 3 days to 2 weeks. we will wait for the price go downward and buy it from there.
Multi level entry would be strongly suggest when the price come to the buy/sell order zone.
Set your order, take care your risk. and let the market do it's job
all the best traders!
As we trade the monthly cycle of high and lows, it is the time for the cycle to drop to the buy zone.
The current price as of Aug 17 is @ 1.01692, we are looking forward for the price to drop down to at least 1.00734. you might short if you are trading shorter timeframe or scalping.
However here we are trading swing and trading days range from 3 days to 2 weeks. we will wait for the price go downward and buy it from there.
Multi level entry would be strongly suggest when the price come to the buy/sell order zone.
Set your order, take care your risk. and let the market do it's job
all the best traders!
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