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Avoiding your Crypto Portfolio Today? Check out This EUR/USD Setup

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Hey guys,

If you’re trying to avoid looking at your crypto portfolio in he midst of today’s red deluge, why not come and take a look at this EUR/USD day trading setup.

I always trade the same setups over and over so if you’re a reader of my blog, you know the story.

As always, we start with a higher time frame, daily chart:

EUR/USD Daily

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You can see that price has held the higher time frame support zone.

That chart only has the most recent bounces, but if you move back to the left on your own charts, you’ll see the historic significance of this zone.

Now step into an intraday chart, in this case the hourly:

EUR/USD Hourly

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As higher time frame support had held, we now look to buy intraday pullbacks into short term resistance turned support.

That entry there had zero drawdown.

ZERO!!

Enjoy the rest of your Wednesday.

✌🏻.




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Avoiding your Crypto Portfolio Today? Check out This EUR/USD Setup was published on and last updated on 08 Aug 2018.