J-P
Long

EURUSD: Is is time for reversal?

FX:EURUSD   Euro Fx/U.S. Dollar
236 2 7
This level is very critical now, I think.
It seems to double bottom here.
If this pair does not break below this support line, this is how I see the EURUSD             behaving for the next days.
SL will be at 1.07000
TP will be at 1.08500 (1/2 of my position)
If the market retraced as expected, I will reopen 1/2 position long and aim for the 2nd target.
Trade closed: stop reached: I still believe EURUSD will go up, I will wait for the downward move to end then enter the market again
Trade active:
snapshot
Comment: Still holding on to this trade, stops are at 1.055. I will upload a chart explaining the new targets, once I start to breakeven on this trade.
Agree.. Too oversold right now. No significant data over the next day or so. Technical trading should take the upper hand
Reply
J-P SMulki
@SMulki, thanks.
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out