martin7
Long

EURUSD closed above major 1.15 resistance level

FX:EURUSD   Euro Fx/U.S. Dollar
220 1 8
So traders EURUSd             finally broke the range and it was to the upside.

I was originally short in this pair due to the Lower low we had 2 weeks ago (red circle), I guess that was a epical bear trap that caught many traders in the bear side of this trade (including me).

I see EU reaching 1.17 where I guess there will be a lot of sell order for bears last try to bring the pair down and we could see a retracement at that level, before we see major long term tardet of 1.20-1.24 level.

Trade safe traders, regards! ;)

Seem that the trendlin I was expecting to be tested for further bullish momentum is going to be broken to the downside. 1.10 is expected.

Trade safe traders, regards! ;)
Reply
United States
United Kingdom
India
Deutschland
España
France
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 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