FX:EURUSD   Euro / U.S. Dollar
137 2 4
This pair is ranging within a rectangle and has been in this type of consolidation movement for a while. The upper resistance line has been tested 4 times and price has failed to broke through indicating it's strength. On the 4 hour chart, price has tested this resistance level and bounced off of it forming a shooting star . Every time this level has been tested there have been long upper wicks showing selling pressure. On the 1 hour chart, price has bounced straight off forming 3 bullish candles.
Trade closed: target reached: Happy with trade, before taking the trade and playing support/resistance I waited for the candle to close with as much confirmation as possible.
looks good. Nice chart. good luck :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out