Milezbanks

PREPARE FOR A LONG BULLISH MOVE

Long
FX:EURUSD   Euro / U.S. Dollar
currently we have a major support which I hope we might see a rejection if the dollar starts to weaken but we need a good confirmation with a good 4H Bullish engulfing candle and it close above 1.15630 to open a buy position since we had a resistence at that zone.But we have to be ready for fakeouts because sellers will think its a continuation for them when it starts breaking the resistance.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.