Hello everyone! This post is covering the EURUSD with the Professor Setup and Pure Price Action Technical Analysis
- EURUSD H1 Timeframe
- Overall in a long trend – best to buy on corrections
- Buy Zone: 1.09712
- Sell Zone: 1.101463 (if you prefer to trade based on short intervals) if candle body breaks, avoid shorts
- Breakout Trading:
- Long Entry: 1.101463 – Target Range: 1.103904
- Short Entry: 1.09712 – Target Range: 1.094308
- EURUSD H4 Timeframe
- Overall in first leg of long trend – buys are preferred currently but we may see further correction, creating a sideways or new defined range
- Buy Zone: 1.096147
- Sell Zone: 1.103879 (if you prefer to trade based on short intervals, enter on shorter timeframes) if candle body breaks, avoid shorts
- Breakout Trading:
- Long Entry: 1.103879 – Target Range: 1.114823
- Short Entry: 1.096147 – Target Range: 1.089069
- EURUSD D1
Cheers to another successful week!
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