TradingView
ForecastCity
Jul 20, 2020 7:00 PM

Don't miss the great buy opportunity in EDOUSD Long

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EDOUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.

Take Profits:
TP1= @ 0.9900
TP2= @ 1.1500
TP3= @ 1.4200
TP4= @ 1.8000

SL= Break below S2

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Comments
Shiva_forex
Nice idea .. worked like a charm
ForecastCity
@Shiva_forex, Thanks for your comment
Forecast_Crypto
Thanks
ForecastCity
@Forecast_Crypto, No problem!
Pro_Trader_007
The best analysis in FOREX WORLD.
ForecastCity
@Pro_Trader_007, Thanks for the compliment!
Mehmetozdemi
I think I'm gonna trade this one, thank you for sharing this Amazing content.
ForecastCity
@Mehmetozdemi, Thanks for your comment
fxniki
The chart is excellent. Good choice. 👍
ForecastCity
@fxniki, Thanks for the compliment!
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