newbie2016
Long

Euro More Upside

FX:EURUSD   Euro / U.S. Dollar
232 9 18
Details on chart.
Comment: If euro goes towards 1.137 without hitting entry point then this setup will be invalid.
Comment: Trade Active.
Comment: Swing Low & Swing High!

snapshot
Comment: Stop Loss now at BE.
Comment: Stop moved to 1.13
Comment: Closed eu with 140 pips.
great chart.
Reply
newbie2016 arif_awan
thx.. i saw your euro setup... but i still belive 1.11 stop is more convient... as we have 200 sma at 1.111 but euro very likely can turn up from current figures as well. Yesterday daili candle was doji right at support.. I am expecting upside action next week..
Reply
newbie2016 newbie2016
typo.. daily!
Reply
arif_awan newbie2016
Same here. there's clear divergence on H1 SMAs as well. SMA 200 didnt held in h4.. but look at SMA 50 in daily chart .
Reply
newbie2016 arif_awan
For now euro getting resistance from 55 sma of 4hr chart.. and 200 sma is on daily close to 1.111
Reply
arif_awan newbie2016
yea i know more down pressure lets see
Reply
newbie2016 arif_awan
euro will remain in tight consolidation.. only break of 1.11 will take it towards 1.10.. if 1.11 remains expect 1.137..
Reply
newbie2016, ...and speaking of 'newbie'.., I am curious to know about your green and red lines that you have shading between them. May I ask what those two lines are ? Thank you, GrossProfit
Reply
newbie2016 GROSSPROFIT
Hi, its ichimoku periods.. check this image with detail..

snapshot
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