X5
Long

EUR/USD H4 - Possible Long setup

X5  
FX:EURUSD   Euro Fx/U.S. Dollar
Price has formed a contracting triangle. A bullish alternative 5-0 emerges and the price could test support at 1.0788. It looks like a bullish divergence will occurs and if a reversal bar pattern show up, it could be a good idea to go long and target 78.6 – 88.6 fibo retracement.


Comment: Price probably will test resistance at 1.0948, at that point, many possibilities to project a pattern for a short position.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out