EUR.USD - Daily & 4hr Chart Analysis

FX:EURUSD   Euro / U.S. Dollar
My basic daily & 4hr chart analysis on EUR.USD into this week.

I will be updating this pair through the week on multiple timeframes.
Comment: price looks to be respecting the 1.0900 psychological level.
Potential consolidation period is underway.
Comment: Potential breakout opportunity on the 1hr chart.

Comment: Consolidation is now underway, i will be looking to take this pair long into this evening.
Comment: Although price has consolidated deeper than expected, the setup is still valid and i will be watching it into this evening.
Comment: Pending order is now in place.
Comment: Pending order is now cancelled until next week.
Comment: Daily outlook now we have seen a breakout.

hey tom @TomHall do still believe 1.000 level ?If so how many days?
+1 Reply
TomHall erich07
@erich07, Hi,

I do yes, however we are seeing a deeper consolidation than expected.

I will be updating the post over the weekend.
i would love to long it for a retracement.
thank you for your idea, Tom.
+1 Reply
@FUNTRADER-Vera, My pleasure, thank you for the message, have a great weekend.
@TomHall, you too .
Hello Tom, still looking for long or we can invalidate this idea ?

Thank you so much!
TomHall andrecomputero
@andrecomputero, No,
I am still looking long on this pair, it has just consolidated a little deeper than expected.
sofiecoco TomHall
hey @TomHall, still in this trade?
TomHall sofiecoco
@sofiecoco, I haven't personally been executed into the position.
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