CHART ART: EUR/USD Range Top Resistance Level

in #trading7 years ago

GOOD MORNING STEEMIT!

Before we hit the charts, how was your weekend?

I manage a Sunday league football side and the boys needed to win to ensure we qualified for the semi finals. They showed up with a match of the season mentality and rolled their opponent 2-0 away from home.

Couldn't be more proud of that performance and can really see us giving the league title a real shake once the finals start in 3 weeks. All those cold weekday nights up at the oval training and talking rubbish payed off after all! :)

I also saw the movie Dunkirk:

I'm very interested in modern war history and the movie was certainly well made from a dramatic point of view. But sitting through hours of people getting shot, drowned and blown up isn't exactly my idea of Sunday evening entertainment.

Have you seen it? What did you get up to?

Anyway, that's enough small talk. Onto the CHART ART!

EUR/USD Daily:

Yep, that's EUR/USD still ripping faces off of the shorters!

This post is more a preliminary post, simply made to highlight the higher time frame resistance level that EUR/USD is approaching. From here, we simply wait and see how price reacts.

If the range top breaks out, then we re-evaluate just how significant it actually is. But if the level holds, then we look to sell intraday rallies back into short term support turned resistance.

Keep an eye on the @forexbrokr Twitter feed for any intraday developments. I can immediately post charts to Twitter in real time as I'm trading them, whereas I'm using this blog as a bit of a long form explainer or discussion generator around setups.

There's some more setups across the Forex and Crypto world which I'm going to highlight on Steemit throughout the day, so follow both accounts and I'll see you around!

Enjoy your Monday.

Peace!




Related @forexbrokr CHART ART Blogs

If chart setups that I've spoken about before are related out then I'll leave them here.

CHART ART: EUR/USD RIPPING FACES OFF SHORTS




Please leave a comment with your ideas or just share a chart.

Blogging about markets is all about sharing ideas and making us see all possible angles. I look forward to having you follow along and reading what you throw at me.

Twitter: @forexbrokr
Instagram: @forexbrokr
Website: www.forexbrokr.com

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Eurusd will go down to 1.1612 then reverse more to the upside :D easy money!

:D easy money!

Famous last words if ever there was some haha!

once you understand who moves the market and why they do so then it really does become easy. Still nerve racking sometimes haha but still easy lol

Price could rip the extra 70 pips or so up to resistance at any time, but that's still a nice temporary topping structure.

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