Yuriy_Bishko
Long

EUR/USD, trading plan on next week.

OANDA:EURUSD   Euro / U.S. Dollar
I see 2 buy opportunities on next week

1. I will open Buy if the price will make a pullback to 1.1302. Because EUR/USD made a fake broke key level 1.1302 + D1 and W1 chart close above it.

2. If the price will break up key level 1.1432 and D1 close above it. That will 2nd safe place to open buy.

Also, Euro made a fake broke on Weekly chart, that the main reason why we should think about Buy only:
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did you try to trade scenario 2 because of the long bullish candlestick?
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@tevez, No
I didn't do it
because the price didn't fixed above key level on H1 - H4

I trade EUR/NZD only at this moment.
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Nice analysis, just a question, why do you think to 1.16 is the key level and not 1.15?
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@MpxMpx, 1.16 is important because the price bounced from it. but didn't do it from 1.15.

for us, the most important is how price reacts on the key level. only that can show do big players have plans there.
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200 SMA will fit nicely on that weekly chart ;)
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@rkparadja, can you show it?
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rkparadja Yuriy_Bishko
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rkparadja Yuriy_Bishko
@Yuriy_Bishko, and above capped by 200-week EMA. What do you think?

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EURUSD H4 Expanding Flat C up
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Good plan
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