mfgfund

Buy setup

Long
mfgfund Updated   
FX:EURUSD   Euro / U.S. Dollar
2 failed bear breakouts, a failed 3 push wedge top. Price has become increasingly stronger with 1 push below follow by a weaker push below, and now finding support on a rising moving average. Target is the top of the range if there is a breakout. Use proper stop to stay in the move. This is counter to USDJPY which should move opposite EURUSD.
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.