EUR/USD rejected 1.14 level twice and pulled back. Possible reversal to the channel level around 1.05.
The pair already broke out the channel in March just to pull back shortly after. There's been also a breakout in spring 2018. The downtrend seen on the weekly and monthly charts may be still intact. The recent advance to 1.14 was probably just something like a false breakout.
EURUSD
The pair already broke out the channel in March just to pull back shortly after. There's been also a breakout in spring 2018. The downtrend seen on the weekly and monthly charts may be still intact. The recent advance to 1.14 was probably just something like a false breakout.
EURUSD
Comment:
I'm waiting for pullback to > 1.137 to get a better entry.
Comment:
Lower Low on H4
Comment:
RSI on daily left overbought zone pointing straight downwards. 50 EMA on H4 crossed price.
Comment:
Will open a smaller Position on Monday to handle my FOMO :)
But I still expect price to rise towards 1.14 before dropping.
But I still expect price to rise towards 1.14 before dropping.
Trade active:
Opened position at 1.133
SL at 1.143
1st target at 1.121
2nd target open. SL to BE at 1st.
SL at 1.143
1st target at 1.121
2nd target open. SL to BE at 1st.