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Optimum369
Mar 26, 2023 6:57 PM

20 Reasons BUY EURUSD  Long

Euro Fx/U.S. DollarFXCM

Description

🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: bullish trend also filled corrective wave
2:📆Monthly: after a valid low price goes to a corrective back
formaatting a builduo here in favor of bulls
3:📅Weekly: choch done also make support with proper lower high low
4:🕛Daily: bullish structure here stating an impulsive move

😇7 Dimension analysis
🟢 analysis time frame: daily
5: 1 Price Structure: bullish
6: 2 Pattern Candle Chart: record session count and correction done
7: 3 Volume: bullish volume is in power
8: 4 Momentum UNCONVENTIONAL Rsi: protected 40 areas also bullish formation here long consolidation
9: 5 Volatility measure Bollinger bands: walking on the band and middle band support
10: 6 Strength ADX: sharp bear dmi up, but bulls are still in power
11: 7 Sentiment ROC: eur stronge

✔️ Entry Time Frame: h1
12: Entry TF Structure: right now is bearish, but based on sentiments and bigger tf, we are seeking buy entries only
13: entry move: impulsive
14: Support resistance base: h4 d1
15: FIB: trigger event done

☑️ final comments: test entry. If it confirms, add 2nd entry at the upper side breakout
16: 💡decision: buy
17: 🚀Entry: 1.07609
18: ✋Stop losel:1.0773
19: 🎯Take profit:1.089
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 2 days
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