Razvan
Long

EURUSD might prepare for a rally

FX:EURUSD   Euro Fx/U.S. Dollar
816 15 8
It didn't touch my full target. The downside move might not be over yet, but as it look now, I wouldn't be surprise for this Falling Wedge to be confirmed. A break and close, on a 4 hours chart, above 1.3700 could be a strong buying signal. 1.3800 next target.
You think there's a chance it'll get back down to 1.3650 or am I better cutting my losses on a sell position?
Reply
Razvan mattlowden
2 years ago
That false breakout under the lower line of the patter it's a pretty strong signal. 3650 it is not far away, you should at leas set a stop above 37.
Reply
mattlowden PRO Razvan
2 years ago
Yea that's what I put in place - thanks =)
Reply
Razvan mattlowden
2 years ago
wish luck!
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eliaearth
2 years ago
For me is still sell signal. I think we have to see how will be at the end of the day, if the price rejected or not from 1.365
Reply
Razvan eliaearth
2 years ago
As long as it doesn\t break 1.3700, it might go a bit lower
Reply
eliaearth Razvan
2 years ago
yes, I'll have an eye on that level, thank you.
Reply
krystianfx eliaearth
2 years ago
still long
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Simple but effective
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eliaearth
2 years ago
I'm still in the sell transaction. I hope that first will go a little bit down :)
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Razvan eliaearth
2 years ago
It didn't break 37, I will not be surprised to see a sideways move until the FOMC statement.
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Razvan eliaearth
2 years ago
you did very well holding on to your trade:) good job!
Reply
eliaearth Razvan
2 years ago
thank you
Reply
eliaearth eliaearth
2 years ago
i'm out :) tp1
Reply
Razvan eliaearth
2 years ago
gr8 :)
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