Hi, TradingView community! I would like to share with you my analysis on EURUSD. It looks like we have a potential opportunity to take a buy position, based on several key factors. I present my observations below:
Duration of analysis: H1-D1 intervals (position: daytrade / max 2 days)
Current situation: Ichimoku:. D1: EURUSD after the dead cross signal from D1 - realized the target (touching the cloud)
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Bollinger Bands + RSI:. D1: Price is at the lower Bollinger band .
H4: Price is at the lower Bollinger band and RSI is at ~30
H1: Price stops 3 times at the lower Bollinger band and RSI is at ~30 level .
In addition, on the lower intervals the Haiken Ashi candles are turning upward: .
Please keep in mind that trading in the financial market involves risk, so it is always important to apply appropriate risk management principles. This is just my personal analysis, so I always recommend that you carefully check the data and make your own assessment before making a trading decision.
I encourage you to share your insights and opinions on this topic. I look forward to your comments!
Warning: this publication does not constitute investment advice. Trading in the financial market involves the risk of capital loss, so always evaluate your investment decisions carefully.