APosner

$EURUSD ready to rally on German GDP report?

FX:EURUSD   Euro / U.S. Dollar
321 2 1
After a very sharp fall starting 10/28 a short term bottom may have formed on 11/8 as the Euro             is now looking stronger. A little more follow through will be needed for a bullish perspective however. Ideally we would like the indicators to confirm a bullish move on the renko chart. This means the stochastic needs a bullish cross and a rise above 20 and the MACD need to reach the zero line as well. Coming up on Thursday is the German GDP report which may be the catalyst to get the currency pair moving higher.

And with the Renko chart this time....sorry
hi interesting your renko chart ... what are the settings with renko bar? thanks
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APosner PRO maximus71
30 pips per bar. I like using Renko charts to identify trends...
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