Alexander_Amon

The fall happened, now look for Long on EURUSD

Long
Alexander_Amon Updated   
OANDA:EURUSD   Euro / U.S. Dollar
My last ideas predicted the fall as it happened on Friday. We saw a nice rejection so that the price was able to close above the trendline. I see that EU will get rejected at around 1.1067 to retest the trendline again.
When the retest happens and we see a bullish switch in EU we go long for our target of 1.113. A confirmation of such a switch from short to long usually happens on lower timeframes, Candlestick patterns, W formations, ...
Comment:
We are at 1.1067 let's see what will happen
Comment:
I scalp a sell to around 1.1055
Comment:
Tp 1.10610 instead 1.1055
Comment:
Sell worked good but I'm not satisfied with the bulls to go long...be patient.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.