LADEEc57
Long

Algorithms Set to Counter a Recovery Breakout

FX:EURUSD   Euro Fx/U.S. Dollar
25 0 1
FX:EURUSD             Sunday's trading session should see a flood of algorithmic trading tactics set to trigger sell stops at lower levels, hampering a recovery in the process. Looking for a retest at support line; 1.1292, followed by a lower extension towards 1.1252 target. A price consolidation at this range over a few time intervals should see a recovery late into the session followed be a breakout towards 1.1344 level. Take out the popcorn & lets watch the show.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out