FX:EURUSD   Euro / U.S. Dollar
Reasons for

-After huge move and break out of box range a week ago price has risen and become very bullish
-Therefore i believe it will continue to rise till 1.15000
-To confirm is bullish strength it has made higher highs
-And higher lows
-Creating a structure
-Also on the four hour we can see a long bearish wick to a downside which shows more buyers then sellers
-Then the next candle after that is a strong bullish candle to confirm the bullish momentum
-We also broke our key level to the upside 1.1000 so it adds to the bullish setup

If we go to the daily
We are clearly making higher highs and long term is very bullish after we broke the key level

alot             of people have anticipated 1.11500 for a long time and now the dollar is weak this would be the perfect time

altho im already long from 2Pm for a news setup i had and currently in nice profit id advise people to go long now as it would be the perfect time
Trade safe only risk 1-3% per trade :)
Trade closed manually: This trade was closed early before news On friday
with a gain of 70 pips
Nice charts! I cant believe how many followers you have & how high your reputation is - youve only been on here a month! Thats some going!! Great stuff...
+1 Reply
Thanks Appreciate it
You got some nice setups yourself
Thanks ARFXC - appreciate the likes too.....
Hi ARFXC, hope you dont mind the question - how do you get the tags at the bottom of your charts & under your profile? i'm not the best at techy stuff...
so 1.1175 4 hour close will be your SL?
Yeah. Plenty bulls in the market for EURO!
EurUsd ready to fly !
Will be watching your idea thanks.
+1 Reply
suburra BTCMarket
This is a sell signal on daily ... Diagonal
I agree with the longer term , However I think the euro has completed a 5 wave in the short term and is in retracement mode for next week.
+1 Reply
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