tntsunrise

EUR has come to important Support

FX:EURUSD   Euro/U.S. Dollar
6230 34 132
EUR has come to important Support
This Trend line is very critical (BLUE)
if can hold the price, then eur may start a bounce
if broken,
then the correction wave since 2015-12 until now
is finished.
and it may go to 1.0754 for a Cypher Pattern Completing.
So if it really beraks the trend line down
Look for a short opportunity and Tp at 1.0754
I will keep an eye on this one.
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Comment:
snapshot
Comment:
snapshot

Looks Like the pull back is down and we can short!
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Hi Jack, what is your view on EURUSD at the moment and with NFP and Unemployment Rates news coming this week? Thanks.
Reply
At this moment(1.11820) plus yesterday price action, i do think 1.07 will fail in short term.
Reply
watsonzou26 watsonzou26
EUR/USD pops up like a rocket today as expected.
Reply
Hi Jack, can i enter today short at 1.1125? with TP at 1.0754
if yes, where is the SL? Thank you Jack.
Reply
so sl ??
Reply
sl should be placed at the level that you think if break, eur is bullish
Reply
DiaTronik tntsunrise
i believe the US still strong now, and slight up is in a place at the moment, EU will fall right, but i would place my short order once we close below 200MA.
Thank you for your charts, u have always been helpful
Reply
watsonzou26 tntsunrise
so did you short yet, Jack?
Reply
tntsunrise TOP watsonzou26
yes I did. I got 1.16 short position as well .
Reply
watsonzou26 tntsunrise
I mean around 1.138, did you add your short position?
Reply
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