empty
 
 
30.06.2020 09:10 AM
EUR/USD - the long scenario is canceled!

This image is no longer relevant

Good afternoon traders! Here is an analysis of the EUR / USD pair.

The article yesterday recommended working on long positions after a roll back:

This image is no longer relevant

Traders had the perfect entries but the ideal development was not followed.

This image is no longer relevant

Instead, a short initiative was formed yesterday which gave rise to a large pin bar in the daily chart.

Such cancels the initial scenario so close the long positions now in the trading chart.

This image is no longer relevant

In principle, this signals an upcoming decline. However, the targets (player's stops) are both at the top and at the bottom of the bar, so it is interpreted as "uncertain" instead. Wait for better trading positions before making any decision.

Good luck in trading and make sure to control the risks!

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback