TradingView
VasilyTrader
Mar 20, 2020 6:09 AM
EURUSD: HOW TO BUY SAFELY???
Long
FX:EURUSD
3D
Euro Fx/U.S. Dollar
FXCM
Description
⋅
Mar 20, 2020 6:09 AM
EURUSD is approaching a support line of a major falling channel .
though many traders have already jumped in longs aggressively,
be cautious and remember that here we trade against the trend.
because of high volatility there is a huge chance to see a false breakout with stop hunting,
so it is better to protect ourselves.
for a reversal confirmation pay attention to a falling channel on 1h.
bullish violation of it is a perfect reversal sign to buy.
for now, let the price trade within, no rush.
target levels will be 1.09 / 1.104
Trend Analysis
Chart Patterns
Wave Analysis
Forex
DJ FXCM Index
trading
Technical Analysis
euro
EURUSD
trader
Comments
MSQUAREDN
⋅
Mar 20, 2020 6:57 AM
It's not yet safe to buy for long term. The market is expected to drop all the way to the 1.05203 level (therefore we should look for sell re-entries in between 1.087370 and 1.079470)
meszaros
⋅
Mar 20, 2020 11:39 AM
You make very accurate analyzes. Congratulations.
fctthambi
⋅
Mar 20, 2020 8:12 AM
The rally has started. Let's see how it goes.
VasilyTrader
⋅
Mar 20, 2020 6:09 AM
What is your opinion on EURUSD?
More