DAILY TRADE SETUP

EURUSD is confined within a trading range, the best idea is not to chase buy or sell it's to wait for price to break out on either side and retest that resistance or support before taking a trade

Price couldn't reclaim those highs, yesterday on Eurusd for further upside but rather broke below and continued the sellside will just wait for the retest of the support that turned resistance if it holds which means more downside for Eurusd

EURUSD M15 — SELL SETUP

Bearish structure remains intact after the break of the 1.1315 support area. I’m waiting for a pullback rather than chasing the current move.

Sell Limit: 1.1338

SL: 1.1362

TP1: 1.1315

TP2: 1.1295

TP3: 1.1275

Invalidation: M15/H1 acceptance above 1.1350.

Trade idea: Sell the retracement into the resistance zone and look for bearish continuation. If price does not retrace to the entry, no trade.

EURUSD M15 — SELL SETUP

Bearish structure remains intact after the break of the 1.1315 support area. I’m waiting for a pullback rather than chasing the current move.

Sell Limit: 1.1338

SL: 1.1362

TP1: 1.1315

TP2: 1.1295

TP3: 1.1275

Invalidation: M15/H1 acceptance above 1.1350.

Trade idea: Sell the retracement into the resistance zone and look for bearish continuation. If price does not retrace to the entry, no trade

I have a change of idea on EU I want to see price breaks above 1.13245 then pullback a little before pushing up again, check the chart image

As eurusd continue to sell, I have reviewed my entry , eurusd has broken a 15min support level I am shorting on pullback my limit order has been set with precise SL and TP

Let's see how price plays out

My entry is higher though

I got stopped out and even loss my free trial but I think it's the best day trading rule

We go again

Yeah I can't give up but I will try to maintain the best day trading rule in my next account

Eurusd is currently selling from 15min order block I entered the sells and still holding my position

Closed out of this trade after a reversal close to my entry

Partials are better than losses

Absolutely, looking at EU for a reentry

I couldn't catch any re entry

EURUSD is still heavily Bearish. EUR is very weak as well because of inflation problem, while USD on the other hand is very strong because of Interest rates.

I'll be taking the opportunity at the 1.1350 supply zone to position for short. since price is still bound to the bearish descending channel.
Entry: 1.1305
SL: 1.1373
TP: 1.1167