Hello for next week I am looking to long the eurusd pair around 1.08 area.
This is because the price is aleady around the weekly strong support and moving to the weekly resistance above around 1.093 - 1.094. To add, if you look at the h4 timeframe, there is a resistance becomes support and this is a good indicator of it to move upwards.
Strategy -
Feel free to comment on my analysis and good luck!
This is because the price is aleady around the weekly strong support and moving to the weekly resistance above around 1.093 - 1.094. To add, if you look at the h4 timeframe, there is a resistance becomes support and this is a good indicator of it to move upwards.
Strategy -
- swing position
- focus on buy
- every pullback down is a chance to buy
- SL is around 1.072 and TP is 1.093
- 100+ pips target!
Feel free to comment on my analysis and good luck!
Comment:
Price is moving towards TP, you can take partial entries here and let the rest ride till targets reached! any pullback is a chance to buy more - valid until stop loss.
Trade closed: stop reached:
Even though price hits my SL but i already suggested to take partials. It is ok! Better luck next time!