Simple Trading With Mr. Nanan Suhendar

Analysis daily EUR/USD 16 Dec
eur/usd
-m5, sell 1.0907, 1.0897
-m15, sideways buy 1.0957, sell 1.0882
-m30, sideways sell 1.0877, buy 1.1002
h1, sideways sell 1.0787, buy 1.1137

daily trend: sideways neutral

review: from beginning Sidney open, trend opening with bias bearish retest to level low at level 1.0907 - 1.0897, and then for tf m15 & m30 condition its at sideways with double support at 1.0882 S1 daily, 1.0877 S2 daily. and double resistance daily at 1.0957 R1 daily, 1.1002 S2 daily.

for weekly trend Sideways hi area target its at level 1.1167, and low area its at level 1.0867, condition now eur/usd still neutral for weekly condition.

SnR daily
-1.1002 R2
-1.0957 R1
-1.0907 Low retest 1
-1.0897 Low retest 2
-1.0882 S1
-1.0877 S2

strategy:

(if) bearish scenario. sell limit below resistance daily R2. below 1.1002 tp target 125 pips to level 1.0877, at this level even if break low weekly below supply at level 1.0867 price will go more downside to level 1.0787 bearish daily potential.

(if) bullish condition, if you have position on weekly long term buy limit at level 1.0905 still hold with sl 35 pips. if you wanna trade at daily set buy limit a 1.0877 R2 daily near buy weekly position. with target daily to level 1.1002, if break R2 above resistance daily price will jump to level 1.1137 near target Sideways weekly Hi area at level 1.1167 target tp 260 pips. at this condition if price above 1.1067 in the end of closing price will reach above level 1.1167, for stay at demand weekly eur/usd minimal must stay remain above 1.1067 minimal for closing this week at neutral condition.