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sodapop4d
Mar 24, 2018 4:08 AM

EUR/ USD for week of 3/25  

Euro Fx/U.S. DollarFXCM

Description

Looks complicated. all roads lead north. the biggest question is will we get a pull back first. looking for a retest of 1.2500 to 1.2550. hoping to see a small pull back first to get on the and ride it up. first I will be watching for a pullback to the small trendline to about 1.2325. if that holds i will get long with stop below 1.2285 ( HHHC candle) if support does not hold, I will be looking for a reversal at the 1.22-1.2150 area. If we go straight up to target with no chance to enter I will be looking to get short between 1.2510 and 1.2550 with a LLLC candle.
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