EURUSD with Bollinger bands value 50 ( median prices)

FX:EURUSD   Euro / U.S. Dollar
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Technical Review of EURUSD             . This is a new chart template. It's nothing more than just Bollinger band of value 50 using median prices.

Right now we are on downtrend, as it's staying on the lower portion. However I hold a bullish view on this pair. NO positions are opened yet but if a long position is opened we should aim the 50% level which is the first Take profit level.

When do we open a long trade?
I would like to see some bullish price action or when price starts to enter to the positive (upper half) of the Bollinger bands .
I have set alerts when either the top/bottom horizontal lines are broken.

If the support line of weekly bullish engulfing pattern is broken, this long view is invalidated. It's all in the hands of the central banks.

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