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VasilyTrader
Mar 21, 2019 6:29 AM

key levels of resistance on euro dollar and trading plan Long

Euro Fx/U.S. DollarFXCM

Description



hey guys,

after a decent bullish breakout of a falling channel and confirmed bullish violation of 1.140 support,
the market sentiment is considered to be bullish, so it is very important to identify the most significant levels
of resistance to be focused on.

your levels are:

1.145
1.150
1.155

I will be looking for buying opportunities from 1.140 level.

my targets will be based on the structure levels that I just mentioned.

good luck!

Trade active

Comments
TradingShot
Unfortunately I believe the break out candle was non-technical and was caused by the Fed. In my opinion the long term trend remains bearish and I am simply choosing carefully the sell entries. I am very interested to hear your thoughts on this Vasily.

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