FakeSatoshiLite
Long

EURUSD - BUY for short term, SELL in long term

FX:EURUSD   Euro / U.S. Dollar
So back in January I predicted that EURUSD is Highly bearish when it was trading at 1.25 and the first target was predicted to be 1.15 and followed by 1.10 or even 1.05 (see the linked Idea)

I suggested to cover some shorts around 1.15 which is a medium term support and can withstand for another few weeks to few months (maybe 6 months).

Currently I see a short-mid term Bullish rally all the way towards 1.21-1.22 which should complete the right shoulder if only it retrace back to 1.15 levels from there.

If EURUSD trade below 1.20 after touching 1.21 then I would advice to go SHORT @ 1.20 with a stop @ 1.22 and target of 1.15 at first and then 1.05 following later

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out