TheAnonymousBanker

[EURUSD] AT THE SUPPORT

Long
FX:EURUSD   Euro / U.S. Dollar
If we look at daily chart (see chart below) the bullish flag keeps the bullish trend, and only invalidation of 1.1711 will cancel the bullish pattern. said that, the price is working support area, if you want to trade it, you can look at the harmonic structure (green) that might appear on H4 chart, it has the same flag pattern on daily chart target. This trade may fail, but it has a good risk/return (> 1:3) and a stop loss below invalidation point.
NOTE: High Risk Trade, use a small size.

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Thank you for support and trade with care!
Trade active
Comment:
Comment:
Rebound continuation...

Comment:
Bullish Swing

Comment:
Comment:
STOP LOSS TO BREAKEVEN

Trade closed: target reached:
Well, we have reached a first target, take part of profit and, if you do not know how to manage your long position, keep stop loss at breakeven for rest part.

Comment:
Harmonic structure still in play....

Trade closed: target reached:
Comment:
Long Term Analysis

Comment:
Trend is still bullish....
Comment:
eurusd is not very interesting in the short term, but from Friday something could change, let's see ...

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By Anonymous Banker
A TradingView Fan since 2015
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