EURUSD Trade SetUp on the 4H chart

by ashaab on 2:06 PM in EURUSD, Forex trade setups

Market Direction is Long Then SHORT.

I am expecting a short session of bearish on Monday (not even worth mentioning) follow by Bullish until price reach 1.3766-1.3775+/- and then Short from there to my targets of 0.386 and 0.618. fibs.

This is a 4 hour chart so Stop lost are larger and trades are longer to complete. However set your stop loss the way that suits your Risk and reward.

Good Luck to all

About ashaab
Been trading the forex market since 2003. Learned a lot of different trading strategies and met some good traders willing to teach me. At the end i have choose ichimoku and Harmonic patterns as my main strategies beside using support and resistance. I will share in this blog about my trading activities and trade analysis. Hope who ever read my blog will find it useful..