Dr_Pip
Long

EUR/USD Possible Long

FX:EURUSD   Euro / U.S. Dollar
Price has been moving to the downside of the daily channel for 2 weeks now. Price last week was stuck in consolidation until price broke to the upside printing a bullish engulfing bar and a lower low on the daily time frame. Price is currently in exhaustion. Looking to capitalize on longs this week as price looks to retrace back up to Fibonacci levels, 61.8% to be the prime target. Looking for confirmation on lower time frame to confirm long entry. Looking for bullish engulfing bar or pin bar as price is to make a mini retrace early this week before heading on up.


My analysis are for educational purposes. My post are not signals! Trade at your own risk. Happy Trading!

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out