EUR/USD CAN WE SEE YEARLY HIGHS BE MET THESE UP COMING WEEKS???
This trade is taken off Lower Time frames 4hr-1 hr
Last week closed as a 4hr bullish hammer !!! We also had our 3rd bounce off
our Daily timeframe and moving averages crossing on lower time frames
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Comparing this chart with the DOLLAR INDEX this past friday we closed the week
with a Daily Inverted Hammer showing signs of bearish momentum for the dollar.
Im expecting Counter Trendline to be broken and retested before resuming uptrend!!
This trade is taken off Lower Time frames 4hr-1 hr
Last week closed as a 4hr bullish hammer !!! We also had our 3rd bounce off
our Daily timeframe and moving averages crossing on lower time frames
*
*
Comparing this chart with the DOLLAR INDEX this past friday we closed the week
with a Daily Inverted Hammer showing signs of bearish momentum for the dollar.
Im expecting Counter Trendline to be broken and retested before resuming uptrend!!
Comment:
Stops moved below 1.2055 currently forming double bottom