Euro reached support (1.16950) and pulled back Long

Euro / U.S. DollarFOREX.com

Description

⋅ Oct 16, 2020 8:24 AM

Price couldn't break support and consolidating now near it. I'm waiting that price can make uptrend. We can open long position and take resistance (1.17750) as a nearest target.

Trend Analysis

Comments

LuckyTrader102

⋅ Oct 16, 2020 8:34 AM

Nice chart, thank for sharin. But I think the resistance first must be 1.17375

lmulhare

⋅ Oct 16, 2020 8:41 AM

@LuckyTrader102, Yes, market sentiment is bearish. I'll look for a sell entry above 1.174. Thanks for sharing AtlasTrades :)

AtlasTrades

⋅ Oct 16, 2020 8:46 AM

@lmulhare, always welcome

AtlasTrades

⋅ Oct 16, 2020 8:46 AM

@lmulhare, !)

AtlasTrades

⋅ Oct 16, 2020 8:46 AM

@LuckyTrader102, thanks for attention

AtlasTrades

⋅ Oct 16, 2020 8:46 AM

@LuckyTrader102, I'll think about it

bachuslatasha40

⋅ Oct 16, 2020 5:56 PM

@LuckyTrader102, where will you put your limit stop at

LuckyTrader102

⋅ Oct 18, 2020 5:14 AM

@bachuslatasha40, Whenever you have (+) profit, your stoploss alway at position which better than your entry.

tradersidd46646

⋅ Oct 18, 2020 5:30 AM

@bachuslatasha40, at 1.1705

tradersidd46646

⋅ Oct 18, 2020 5:28 AM

@LuckyTrader102, but 37 have been tested