EurUsd - Possible entry point at the neckline backtest
My previous long idea in EurUsd is still valid. We are now at the levels where I suggested a long enter in EurUsd.
As today we broke out of the double bottom - 4hrs chart- one could open a long position right now at 1,0921 and add to the position at the possible neckline testback at 1.09.
Most probably the FED halted the USD strengthening yesterday at DXY 99.
We also have the swing on the daily chart. If the swing won't be erased and holds till tomorrow the long entry will be validated based on the daily chart also.
As today we broke out of the double bottom - 4hrs chart- one could open a long position right now at 1,0921 and add to the position at the possible neckline testback at 1.09.
Most probably the FED halted the USD strengthening yesterday at DXY 99.
We also have the swing on the daily chart. If the swing won't be erased and holds till tomorrow the long entry will be validated based on the daily chart also.
Comment:
Buying.
Comment:
If someone wants to use a stop I would set it at 1.0840.
The neckline testback is done.
The neckline testback is done.
Comment:
So far it's working well.
We just need to break the previous high at
We just need to break the previous high at
Comment:
... previous high at 1.0947.
