Art_of_Trading
Long

EURUSD: TREND IS YOUR FRIEND, Big Move !

FX:EURUSD   Euro / U.S. Dollar
Follow the Trend, Trend is your Friend. That's the setup on FX:EURUSD             1H bars. The market makes Higher High and Higher Low. The last correction move will be finished soon and it is expected it will be retraced on red box.
1. The price is getting close to structure low, where the most of the buyers orders are placed.
2. Support level at 1.0908 (structure low)
3. Fibonacci retracement 38.2%
4. Hidden Diverge, which is a continious pattern
5. The price is dropping today, so the best level for sellers to lock their profits and buyers to step in 1.0908 area.
-----------------------------------------------------------------------------------------------------------------------------------------------------
Trading Books Online - http://www.trading-library.com
Top 10 Forex Broker: http://www.best10forex.com
Comment: Hit buy limit order.
There is no trend-it is a perception in peoples mind......
Reply
stream harry23
true ... my long is open .. i hope it is a long term Good luck !!
Reply
I am been thinking this way my self , but this structure ... and also turning arround 1.09 but not arround 1.10 and 1.11 .. I cant believe anymore ..
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out