X-Sequentials Trading and Daytrading: DAX Index, SP500 Index, Nasdaq 100 Index, EUR/USD, Gold and Brent Oil !

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#1 2021-01-24 18:45:22

Registered: 2020-11-21
Posts: 482

EUR/USD X-Sequentials Daytrading 1/25/2021-29/1/2021

Dear Readers,

The EUR/USD peaked at 1.23495 on January 6th, 2021, and then fell to 1.20520, only to find resistance at 1.21896 at the downtrend mark at 1.21671. The EUR/USD closed at 1.21702 on Friday, January 22nd, 2021. The downward movement is over when the upward trend mark at 1.21671 is exceeded by a 4h closing price. The subsequent closing prices must be higher after an overbid, otherwise, resistance would be found. Otherwise courses up to 1.20063 to 1.19913 are to be expected.
Should the EUR/USD establish itself above 1.21896, rates of 1.21897 to 1.22581 would be expected. Otherwise, courses from 1.21474 to 1.19712 are to be expected. In the event of a price increase, the EUR/USD would find support at the latest in the 1.20936 to 1.20720 range and then rise. In the event of a decline, EUR/ SD would fall below 1.21580 and find resistance in the 1.21580 to 1.21998 area.
EUR/USD 4h X-Sequentials Chart:

With best regards,
Devin Sage, TXA Trading


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