• Home
  • Posts Tagged ‘euro stoxx 50’

Weekly Price Action Setups & Trade Ideas | Mar 3 - Mar 8

euro-stoxx-50-trade-setup-2ndskiesforex

Chris Capre’s current live price action and ichimoku trades: EURUSD, GBPUSD, USDMXN, USDJPY, EU 50, BIR, TLS

NOTE: Check out my top trade ideas for 2019.

EURUSD – Pulling Back Towards Key Resistance (Daily chart)

Price Action Context

After a failed attempt to fully clear the LT support between 1.1270-1.1300, bulls managed to re-gain some control, but the weak and very volatile bullish move from the support isn’t very convincing, suggest a more balanced order flow and continued bearish presence.

Trending Analysis

LT bias remains bearish while below 1.1515 and a potential move back up to the key resistance zone can offer possible trading locations to bears.

Key Support & Resistance Zones

R: 1.1450 – 1.1515
S: 1.1220 – 1.1275…

... Keep reading

Copyright © 2007-2021 2ndSkiesForex.
All rights reserved.

Disclaimers. Terms of Service. Privacy Policy.
MUST READS
CATEGORIES

NO FINANCIAL ADVICE - The Information on 2ndSkiesForex.com, and any correspondence from 2ndSkiesForex.com or contractors and/or employees of the site is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.

The information contained in or provided from or through this site is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice. The information on this site and provided from or through this site is general in nature and is not specific to you the user or anyone else. YOU SHOULD NOT MAKE ANY DECISION, FINANCIAL, INVESTMENTS, TRADING OR OTHERWISE, BASED ON ANY OF THE INFORMATION PRESENTED ON THIS SITE WITHOUT UNDERTAKING INDEPENDENT DUE DILIGENCE AND CONSULTATION WITH A PROFESSIONAL BROKER OR COMPETENT FINANCIAL ADVISOR. You understand that you are using any and all information available on or through this site AT YOUR OWN RISK.

RISK STATEMENT - The trading of foreign currency, stocks, futures, commodities, index futures or any other securities has potential rewards, and it also has potential risks involved. Trading may not be suitable for all users of this website. Anyone wishing to invest should seek his or her own independent financial or professional advice.

AFFILIATE DISCLAIMER - 2ndSkiesForex will occasionally use affiliate links to link to 3rd party brokerage sites. If you sign up for the service offered by the site, we may receive a 1x fee under specified conditions. 2ndSkiesForex does not receive any commissions from your trading activity with any of our partner brokers. We simply receive a 1x fee for you signing up and funding a new live account under specified conditions.