Master 1H Chart Analysis: Bullish mood towards 1,1200
Hi, guys!
Master (Pure) Charting Analysis: no indicators, no fancy drawings; only Pure Logic and 10 years of Experience.
* EUR has overcome the nearest resistance at 1,1085 and managed to save bullish momentum above.
* Long-legged Doji supported by Volumes confirms short-term rise continuation.
Trade Signal
Buy at 1,1080 - 1,1100.
1st Target: 1,1150.
2nd Target 1,1200.
Stop: 1,1075.
Risk/Reward: 3(4):1
GOOD LUCK!
Yours,
Market Wizzard
Master (Pure) Charting Analysis: no indicators, no fancy drawings; only Pure Logic and 10 years of Experience.
* EUR has overcome the nearest resistance at 1,1085 and managed to save bullish momentum above.
* Long-legged Doji supported by Volumes confirms short-term rise continuation.
Trade Signal
Buy at 1,1080 - 1,1100.
1st Target: 1,1150.
2nd Target 1,1200.
Stop: 1,1075.
Risk/Reward: 3(4):1
GOOD LUCK!
Yours,
Market Wizzard
Trade closed: stop reached:
The reverse corrective move was stronger than expected, while the stop was very tight. Now it is time to wait for another signal/confirmation. No trades so far.
