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RaynLim
Oct 22, 2023 3:46 PM

Bullish Trend Perspective Long

Euro Fx/U.S. DollarFXCM

Description


  • Weekly analysis indicates a sustained bullish trend for EURUSD.


Trading Strategy:

  • Monitoring the 1-hourly chart for a potential Bullish Bat Pattern with an entry point at 1.0533.


Cautionary Note:

  • It's crucial to observe that point C touches point A in the formation of the Bat Pattern. This warrants caution and prevents me from placing a pending order to engage the trade.


Remember to conduct your own due diligence and manage risks appropriately. Happy Trading!
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