ElemontFX
Long

EURUSD POTENTIAL BREAKOUT

FX:EURUSD   Euro Fx/U.S. Dollar
331 4 2
EURUSD             has just broken up higher, however there is one more downtrend it must break before it can reach the next major resistance level. Use the yellow channel and price action as guidance in the short-term.

If it breaks all levels, it will target the 200 MA.
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x381966011250105
a month ago
If there is a breakout above 1.100 today, I also think we should test levels around 1.104.
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ElemontFX x381966011250105
a month ago
yep, that's what I'm targeting there if it breaks 1.100 (~orange line) then we can expect 1.104 (~blue resistance line) to be tested.
Agreed
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x381966011250105 ElemontFX
a month ago
I would be also >>in<< for that trade, if a buy stop level at 1.10042 is checked-up. Otherwise, if that's not the case, I would be betting for 1.082 today. Cheers!
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x381966011250105 ElemontFX
a month ago
Now I'd put short ;-) Cheers
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