Petr Suchanek
Long

EURUSD ready for long?

FX:EURUSD   Euro / U.S. Dollar
520 2 1
It looks like the Eur pulled back below a very important pivot (1.3700). My bias here is now bullish , since I assume the pullback is only a bear trap. So I primarily look for entry long, which is highly dependent on the price behaviour around 1.3700. If the price breaks up through 1.3700 decisively, I am prepared to enter at the retest of 1.3700. If a false break of 1.3700 occurs and the price decisively moves back down, there of course will be an opportunity to go short, again with entry at the retest of 1.3700. But since the Eur looks still strong, I am rather long here. Let us see, what unfolds.

Petr            

YouTube Channel: http://bit.ly/17jWiog
TWITTER: @PetrSuchanek_78
E-MAIL: petrsuchanek78@gmail.com
I think we need to further go down before a reversal
Reply
For me, the key-level here was 1.365 (high tf's), where from we can dive to 1.357
snapshot
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
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 My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out