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AzrulAzir
Apr 22, 2022 3:30 AM

EURUSD Swing trade analysis Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD perform a huge symetrical triangle pattern, right now this pair already reach pattern support level at 1.0834, we can aim a huge target with 693 pips at fibonacci 50 (1.1522), or aim for bigger target at pattern resistance with 1233 pips target at 1.2062.

in this chart we have 2 support level :
09 Mar '20 support at 1.0646
02 Jan '17 support at 1.0362
If you are using martingale system, this support will be a good point to re-enter market.

Suggestion
Entry point : 1.0834
Target : 1.1522 (693 pips)
Max target : 1.2062 (1233 pips)
Money management : Martingale
Re-entry market 1 : 1.0646
Re-entry market 2 : 1.0362

Good luck,
If you have any opinion or request analysis, let me know at comment.
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