FX:EURUSD   Euro Fx/U.S. Dollar
Target 1: 1.0800
Target 2: 1.0950
Stop Loss: Break and close below 1.0500 or the last low created before the wedge pattern is broken
CapMoore
a year ago
It is always tempting to call out a bottom using a wedge like this. But you really need a Daily timeframe buy signal to
go against this strong bearish trend. Still, with a rather tight stop and hoping for a short squeeze, it might be a decent setup
after all. With that bullish divergence shown on the MACD. Good Luck there. I am short from 1,11 targeting 0,93, but that is
a trend trade setup, based on the broken weekly flag pattern seen earlier.
Reply
Berny
a year ago
Thanks a lot for your analysis, is just perfect so far. Go on like that.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out