EUR/USD - Daily FOREX Market Analysis - 11 MAY 2018
Hi all,
Today i discuss about the EUR/USD Daily chart. So let's see,
Here is today's Daily EUR/USD Chart,
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Look at this chart friend, few days before, price broke down the Bullish channel & strong support level. After that, price fall down so quickly, which indicates the power of the sellers on this market. So personally i don't want to be a buyer in this market. Now i search for a good sell signal, but i do not enter now, because market is down already, i am waiting for a bullish correction or a confirmation candle for a sell signal. I look at the 1.2220 level to pullback the price. So never a entry here, it will be a wise decision to stay away on this market now and you should wait for a sell signal.
Here's the end of this analysis. If you want me to write more, then please vote, resteem and comment for me....I wish you better trading career
Syeed Hossain
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
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