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Quirinus
Dec 11, 2020 10:17 AM

Possible Long on EURUSD Long

Euro / U.S. DollarFOREX.com

Description

1.Sitting on cloud support
2. Sitting on trendline
3. Sitting on support made previously from a resistance
4. Rejection of fib 0.618
5. Double bottom on 15min(preference would be a double bottom on 30min)

Possible buy however as today is the last day of the week, would wait for one more confirmation to this.

Possible Long term swing target would be 1.22 however intraday would be aiming for a 1 : 3-5 minimally

Comment

Currently it is moving and breaking above the line, just need it to close there!
Comments
Saeed966
Nice analysis
Quirinus
@Saeed966,Thanks!
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