Result on July 10th from the initial post on July 05th (Click on the chart to enlarge it)WINNER
The 30-Minute chart above shows that even though the EUR/USD was bearish, my strategies to enter LONG at major supports worked well, specially the 1.3830.
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Initiapl Post on July 05th
(Click on the chart to enlarge it)Last week prices failed to break up the 1.4178 daily resistance, favouring the bears.
Even though the bears seem that they will be in control this week, we have tons of important supports. So watch out for the following support levels:
1.3930 (low June 02nd); 1.3890 (Double-Bottom June 24 and 25); 1.3850 (Daily Support); 1.3830 (Double-Bottom June 22 and 23).
My strategies this week will be to scalp LONG entries at these support levels and;
SELL SHORT at a throwback to these support levels after they got broken down, thus after they became resistance.
1.3930 (low June 02nd); 1.3890 (Double-Bottom June 24 and 25); 1.3850 (Daily Support); 1.3830 (Double-Bottom June 22 and 23).
My strategies this week will be to scalp LONG entries at these support levels and;
SELL SHORT at a throwback to these support levels after they got broken down, thus after they became resistance.
