MeasuredMove
Long

Long Continuation Ideas for Euro

FX:EURUSD   Euro / U.S. Dollar
61 views
1
61 1
I am anticipating the Euro             to go higher (https://www.tradingview.com/v/bC9Cy1AC/) Last months point of control is way up in the 3758 area and should act like a magnet.

Here are some ideas for the week to get long into the larger targets for this month in the 3928 area.

First but zone is a high to high fib and has a small pocket of value created on Friday. It is minor and I am not necessarily anticipating it holding but it is possible. Entry area would be at the 3652 level.

Second buy zone is a full 50% retrace from the lows and is a little below last weeks upper edge of value and above the point of control of both last week and Friday. I expect price to gravitate down to this entry area in the 3617 area.

Market profile: http://gyazo.com/a6159a078a9acb522a66e0149db7702d

Ultimately we will have to see how aggressive the bulls are an how scared the bears are. will be looking for setups in both areas and will let price action dictate.
good analysis.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out