DavidCallwood
Long

EURUSD | Bears failed 3 times, possible short term buying opps

FX:EURUSD   Euro Fx/U.S. Dollar
486 6 4
This trade is more technically motivated (H4 chart) than fundamental. Following last Friday's NFP explosion, which influenced USD bids; EURUSD             's price action declined about 180 pips +/- in a matter of hours, descending to a low of 1.0690 . Since then, bears have made a valiant attempt to move price lower only to display exhaustion during its second attempt which failed just shy of 1.0670. Attempt # 3 failed with a low that only confirmed, buyers are have gained more confidence since the bears failed 2nd attempt. We have since close above the near-term resistance following a 3 candle bullish impulsive move without follow through to the upside for the moment. At this stage, I will be looking for a bearish rotation to the downside to possibly get long near 1.0750, targeting the 1.0900 handle. *1:3RR

"So we learn to understand it, study and strive to become one of the greats of our craf, our failures fuel our success as we evolve from beginner to professional..." - David Callwood Sr

is this gonna long UP ?
Reply
sorry, about that I should have posted on one link: https://www.youtube.com/channel/UCaKr67vg05EPa273C1nDpBA
Reply
Wow..thanks...I just posted my real time trading on youtube.com
https://www.youtube.com/channel/UCaKr67vg05EPa273C1nDpBA
Reply
brilliant , stuff , in the same exact trade , hope to see more from u
Reply
DavidCallwood abdul12345
Thank you very much for the encouragement, I really appreciate your comment.
Reply
abdul12345 DavidCallwood
i just checked your website out , amazing analysis , i know you are just starting off here , but u will 100% reach the top and gain the recognition that u deserve , keep it up
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out