Petaryot
Long

EUR/USD buying opportunity

FX:EURUSD   Euro Fx/U.S. Dollar
Hello everyone,

This is my first idea and tomorrow will be my first trade with Real Capital so I decided to post this that I have planned for tomorrow's trading.

Looking at the market, a turnaround seems quite likely.

Firstly, discussing political and economic factors: Brexit discussions seem to be in favour of UK staying with the EU and thus I expect the Euro             to be heading upwards.

Seconds, studying structure and trend we can see the trend being backed up by strong support level as well as a lower one which also approximately matched the Fibonacci 0.5 level.

TO DO:

I see a buying opportunity, which should be presented if our trend crosses the green resistance/trend level on top.

-Do let me know what you think and any constructive corrections are much appreciated!
So cashed out or not?
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