Forex Positive

EURSD massive bullish cypher

FX:EURUSD   Euro / U.S. Dollar
Alright traders! This is the weekly chart of EURUSD             . And i see a massive bullish cypher forming. This bullish cypher is about as big as it could possibly get.

Long EURUSD             1.2460-70
SL below 1.2400
TP 1.2700

Twitter @ForexPositive
Right you are. A weekly engulfing candle may form by the end of the week. Will the cypher actually complete after the FOMC news today. Don't know but I would watch out for the resistance at about 1.2780 or so. Either way, a trade I think needs a little more development. I don't look at the weekly charts much but it seems, after seeing your chart, I should. Good call.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out