nmike

EUR USD high probability reversal

FX:EURUSD   Euro Fx/U.S. Dollar
2831 11 25
High probability long set up in the EURO             . We have a bullish candle pattern at bottom of BB34 and at bottom of channel. For confirmation I would like to see the RSI rise above resistance and or Stoch rise above 20. First target is the 34MA. Bullish candle pattern close above the 34MA could see the Euro             reach the top of the BB34 or 1.341 level.
Hi Mike. Excellent chart. I agree with the bullish bias. In fact I think it is likely to go much higher if my DXY EW Counts for the new downside trend holds. Thanks
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Clean and Simple Great Work
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Good job Mike.
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>>>>> nice.... next upside target is the top of channel
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>>>> bullish bounce at support
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>>>> good chance that this time it will break current resistance
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..... R2 next likely target
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