Yesterday's buy is so far working out perfectly as EURUSD bounced exactly after touching the 4H MA200 (1.05278) and just hit the 4H MA50 (1.06355), which is the short-term Resistance. I am now booking my profit as it is substantial for one day and with the 4H technicals turning from oversold to neutral (RSI: 47.296, MACD: -0.002, ADX: 37.053), I will either buy upon a pull-back at 1.05380 or after a 4H candle closes above the 4H MA50.
Again, if the price closes below the 4H MA200, I will take that small loss and open a sell targeting the 1D MA50 (1.03843 and rising) which as I've mentioned many times is the long-term Support and buy entry for me. My attention fundamentally is on the FOMC Meeting Minutes today and more importantly the Non-farm Payrolls on Friday.
Again, if the price closes below the 4H MA200, I will take that small loss and open a sell targeting the 1D MA50 (1.03843 and rising) which as I've mentioned many times is the long-term Support and buy entry for me. My attention fundamentally is on the FOMC Meeting Minutes today and more importantly the Non-farm Payrolls on Friday.
Telegram: t.me/investingscope
www.investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
www.investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial