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Hey guys,

If you’re trying to avoid looking at your crypto portfolio in he midst of today’s red deluge, why not come and take a look at this EUR/USD day trading setup.

I always trade the same setups over and over so if you’re a reader of my blog, you know the story.

As always, we start with a higher time frame, daily chart:

EUR/USD Daily

You can see that price has held the higher time frame support zone.

That chart only has the most recent bounces, but if you move back to the left on your own charts, you’ll see the historic significance of this zone.

Now step into an intraday chart, in this case the hourly:

EUR/USD Hourly

As higher time frame support had held, we now look to buy intraday pullbacks into short term resistance turned support.

That entry there had zero drawdown.

ZERO!!

Enjoy the rest of your Wednesday.

✌🏻.

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@forexbrokr | Steemit Blog

Market Analyst and Forex Broker.

Twitter: @forexbrokr
Instagram: @forexbrokr

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