TimStuyts

EURUSD watch for break

FX:EURUSD   Euro / U.S. Dollar
178 0 7
EURUSD             is about to break out of its short term structure. I favor a bullish move to test at least 1.145 but we have to keep an open mind and trade what we see. So I'll either be looking for 1.145 or 1.13.

http://www.timstuyts.com

www. facebook             .com/timstuyts
Comment:

I'm still long EURUSD and the pullback after the break provided a risk/reward potential of 5/1. However price came a bit short for my target and I'm therefore still in this trade with stop loss at break-even. I'll be looking for a bullish continuation that should bring price towards my target as shown by means of the arrow and maybe even higher. For those not in the trade, look for the bullish break for a buy trade with stop below the current consolidation in case it actually breaks out bullish.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out