SignalSwiss

$EURUSD: Fake Signal or Not?

FX:EURUSD   Euro / U.S. Dollar
1768 11 28
We have already published our idea and we can not cancel the possibility to see another bullish leg and the market could give us a clear signal during Yellen speaking. The CPI             released today is very strong, especially the CPI             CORE, but this may not be enough ...

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Search on smaller time frame, possible reversal pattern that would justify a change of trend.
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WARNING!! There were not "buyers" of the dollar, but there were "sellers" of euro!
+5 Reply
anish_206 SignalSwiss
Do we enter now long with stops at 1.0985 ? Or should it be higher stops ?
Reply
I can not answer that question, because what you ask me, it depends on your MM
+3 Reply
alexfa SignalSwiss
what does it mean? might it go up or down?... sorry but im a complete novice on this... thx heaps!
Reply
see our analysis
+3 Reply
tst PRO alexfa
The triangles on the chart are advanced price patterns that traders use for trading. They are based around use of Fibonacci. You will have to learn/study this method to under stand analysis. This trade is long (up) with target shown. The post questions Weather or not price is reversing down before the target or not. Hope that helps. Everyone starts somewhere and its very important to educate yourself fully before putting money in the market.
Reply
I do not understand, but which chart are you talking about? we try not to confuse users who read us.
+3 Reply
alexfa SignalSwiss
Suisse, sorry... any recommended book or type of training to trade like you?... most appreciated!
Reply
Thx very much TST!... i think i just have to get used to Suisse's type of analysis...
+3 Reply


snapshot


I expect an ABCD with the previous leg at the very least...IF it doesn't continue under the lowest low in the previous uptrend.
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