justatrader
Long

EURUSD - Long if you feel adventurous

FX:EURUSD   Euro Fx/U.S. Dollar
1180 4 16
Just a fun play set up, going counter to the general opinion. Not a trade recommendation but rather a 'feeler' kind of a trade. Long target 1.08, with partial TP at 1.07.

Basic premise is a test of the completed divergence at 1.05792 and break of trend line with a drop back to retest the break out. Small risk, and hopefully the trade will be quick and easy.
Back at the PRZ - Interesting zone
Reached target level ahead of ECB
+1 Reply
justatrader PRO themarketzone
Yep, seems like the broken support at 1.07 was not properly tested, just a spike and then fell, so wouldn't be surprised if the rally takes it back there for a more meaningful test of the broken support for resistance.
+1 Reply
In my type.
Reply
My analysis gives a technical support to your "feeler" trade. The imbalance of supply and demand shows potential for an stronger up move to test the highs around 1.10.
Increase of Buying Pressure in the Euro
+1 Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out