💡Don't miss the great buy opportunity in EDOUSD Long

Description

⋅ Jan 16, 2021 4:51 PM

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.3875).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. Eidoo/Dollar 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 57.

Take Profits:
TP1= @ 0.4545
TP2= @ 0.4927
TP3= @ 0.5463
TP4= @ 0.6287
TP5= @ 0.7226

SL= Break below S2

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Comments

yusufipek1989

⋅ Jan 16, 2021 4:56 PM

I enjoy reading your good analysis with a nice charting. Thanks bro for sharing your ideas

ForecastCity_World

⋅ Jan 16, 2021 5:07 PM

@yusufipek1989, Our pleasure!Thank you for your comment.

ForecastCity_World

⋅ Jan 16, 2021 5:07 PM

We hope you get the most out of it.🌹
@yusufipek1989,

davidgolandak

⋅ Jan 16, 2021 5:02 PM

I'm glad I followed you. Really appreciate your work.

ForecastCity_World

⋅ Jan 16, 2021 5:06 PM

@davidgolandak, Thank you for following us

ForecastCity_World

⋅ Jan 16, 2021 5:07 PM

All the best with your trades.📈 @davidgolandak,

Kamryn

⋅ Jan 19, 2021 4:19 PM

Thanks for the analysis.

Sir_Ray

⋅ Jan 19, 2021 3:25 PM

perfect analysis. 👍

Pro_Trader_007

⋅ Jan 18, 2021 5:25 PM

Thanks for the idea. Keep updating it 👏

Josef_anderson

⋅ Jan 18, 2021 3:13 PM

The chart is excellent. 👌