Nice idea on EURUSD and there may be bullish bias as you have you have identified. For our set up, we have identified the key resistance and support levels for the short term. The first support that we have identified is at 1.1310 (100% Fibonacci extension , 76.4% Fibonacci retracement , horizontal swing low support). Stochastic is approaching its support at 2.1% where a corresponding bounce could occur. If a bounce does occur, we may look at the 1.1351 resistance level (50% Fibonacci retracement , horizontal pullback resistance). Please have a look at our idea and share with us what you think.
UnknownUnicorn3377152
⋅
@ICmarkets, My analasys is simpler, I find that less is more and mostly try and trade only UK session. Longer term I am bullish $, but my MA's crossed and we broke a short term resistance line. Risk management is key though, so I stick to strict 2% and a 2:1