PITCHFORK - Forex EURUSD Weekly Analysis Feb 26th - Mar 2nd 2018
BUY EURUSD
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: Instant/1.22900 - Lower Line
Target Profit: 1.24900 - Median Line
Next Target Profit: 1.26500 - Upper Line
Stop Loss: 1.22500
Reward Potential: 360 pips
Risk: 40 pips
Reason: Last weekly analysis hit our target price on median and made reversal on median line descending channel. (refer last week analysis)
Expecting again this week target price to hit median line on ascending channel , you may lock profit here or next probability target to hit upper line pitchfork .
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: Instant/1.22900 - Lower Line
Target Profit: 1.24900 - Median Line
Next Target Profit: 1.26500 - Upper Line
Stop Loss: 1.22500
Reward Potential: 360 pips
Risk: 40 pips
Reason: Last weekly analysis hit our target price on median and made reversal on median line descending channel. (refer last week analysis)
Expecting again this week target price to hit median line on ascending channel , you may lock profit here or next probability target to hit upper line pitchfork .
Trade closed: stop reached