Welcome to theblaqxamurai official blog. This blog was set up solely to help the newbie and inexperienced traders out there gain little bit of profits here and there while still learning the rudiments of the game called forex. I am not the god of forex neither am i a forex guru and so you should not expect high heavens around here because my system and signals are not loss-proof however, i do my best to minimize loses and maximize profits and that is why am still a player in the game.
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Tuesday, April 5, 2016
EURUSD Technical Outlook on 15mins chart
EURUSD has consistently tested the 1.14000 psychological price region and failed to break the resistance after 4 days. 15m chart indicates a possible sign of reversal as indicated by downward trend lines. This currency pair is expected to find resistance at point A as indicated on the chart.
Trade recommendation;
Sell at any point within resistance zone 1.13850/1.140000
Stop loss should be above 1.14360
Take profit: Tp1 (1.13370) ; Tp2 (1.13030)
Disclaimer: Our trade advice is only informative. #TradeAtYourOwnRisk
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