Rashidyadgary

EURUSD potential long

Long
FX:EURUSD   Euro / U.S. Dollar
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1
Monthly: The July candlestick closed as a hammer after touching the trendline

Weekly: Price formed a morning star after touching the trendline and weekly supply/institutional level of 1.175. Price pierced through the daily level but failed to close above it

Daily: Price took out previous swing highs and the EMAS are now crossed back over after 50 days.

Overall I am long EURUSD , the first area price will head to is the 1.196 level however we need a strong close above that daily level before looking for entries.
Price can also be making a pull back before heading up so if this occurs be ready with your fibonacci tool lol.

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Good explanation, thank you 🙏✨
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@ASW31, no problem!
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