EUR/USD analysis | Sept 4, 2019

After closure of buy trade here, we'll look for short entry if it will be supported by bearish candle pattern on 30m or 15m time-frame.

Downward thrust with all candle closed below blue MA (moving average), suggests that price may start moving down after reaching an immediate resistance. It's called Bread n Butter Trade and if it happens (starts going down), we should target 61.8% of whole upward retracement since yesterday.


Recent Posts

See All

Comments on our YouTube channel are enabled.

We have enabled comments on our YouTube channel. However, we suggest you to sign up/ subscribe on because we are not sure how quickly we will be able to

  • Facebook Social Icon

© 2010-21 by

The information on this website is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any local law or regulatory requirement.


Past performance is no guarantee of future results. Your capital is at risk in Forex & CFD trading.