preyes

Trendline Support

Long
FX:EURUSD   Euro / U.S. Dollar
0
Trend line support shows a nice uptrend along with horizontal support hinting in the same direction. The entry here is triggered with the bullish engulfing pattern but the Stochastic divergence is my main cause to take this trade. So many people shorting the Euro at the moment but i personally see no reason to sell from my analysis.
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.