reubenroyal
Long

8H EUR/USD POSSIBLE LONG SCENARIO

FX:EURUSD   Euro / U.S. Dollar
EUR/USD has been bullish and we now see a cup and handle pattern forming on Daily chart , 4H and 8H charts which the handle portion is forming and we could see a potential reversal to the upside soon. DXY is about to encounter an ascending trendline which could lend to the evidence. Only thing to do now is wait for confirmation / bullish rejection at this zone for evidence to entry.

Finally, we have a bullish wedge pattern forming as the "handle" portion.

Comments

Nice. Comparing 2009 to today.

+2 Reply
reubenroyal mortdiggiddy
@mortdiggiddy, Yes I believe upside is likely
+1 Reply
Wao. What a forcast.
+1 Reply
reubenroyal usmannazeer786b
@usmannazeer786b, Thank you
Reply
Thanks for sharing
+1 Reply
reubenroyal suhaimi39
@suhaimi39, You're welcome, thank you for checking it out.
Reply
well spotted, I don't trade these but I can see opportunities in there - thank you
+1 Reply
reubenroyal dionvuletich
@dionvuletich, you're welcome. Thanks for the support
Reply
Thank you for your opinion ....eurusd at my radar...
+1 Reply
reubenroyal n4nd14hm
@n4nd14hm, thank you for the support. You're welcome
Reply
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