See also
The trading plan presented yesterday was about decreasing the price of EUR/USD.
This was due to the latest inflation report in the US.
As soon as the news was released, the pair went down and reached the target levels for short positions.
Congratulations to all those who followed the strategy! The price movement was as much as 1,000 pips. Traders can now close their positions for profit.
The plan was based on the "Price Action" and "Stop hunting" methods.
Good luck and have a nice day! Don't forget to control the risks.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Analysis of Tuesday's Trades 1H Chart of GBP/USD On Tuesday, the GBP/USD pair corrected downward after another surge on Monday. No fundamental or macroeconomic reasons supported such movements on either
Analysis of Tuesday's Trades 1H Chart of EUR/USD On Tuesday, the EUR/USD currency pair continued to trade within a sideways channel, which is now visible on virtually any timeframe
On Tuesday, the GBP/USD currency pair failed to continue the upward movement it had started so vigorously on Monday. It is worth recalling that there were no solid reasons
The EUR/USD currency pair continued to trade within a sideways channel throughout Tuesday. The flat movement is visible in the chart above. Last week, the pair briefly broke
In my morning forecast, I highlighted the 1.3421 level and planned to make trading decisions based on it. Let's look at the 5-minute chart and see what happened. The pound
Analysis of Monday's Trades 1H Chart of GBP/USD On Monday, the GBP/USD pair rose by 130 pips. Such was the "boring Monday" without a macroeconomic report or important speech
Analysis of Monday's Trades 1H Chart of EUR/USD On Monday, the EUR/USD currency pair showed somewhat mixed movements, no matter how you look. On the one hand, the pair demonstrated
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