Keeping it simple on this long here - targeting 1.12 or higher - I am expecting some dollar weakness short term here and EURO going higher - lots of news this week going to rock the markets.
I like the bullish divergence between 3 and 5 - along with the ascending trend line that started when the euro bottomed in Oct 2019 - I see no reason why I should not risk capital on this long trade.
I like the bullish divergence between 3 and 5 - along with the ascending trend line that started when the euro bottomed in Oct 2019 - I see no reason why I should not risk capital on this long trade.
Comment:
This will be playing out for several days
Comment:
Neckline forming
Comment:
Ok that Doji the support may hold here if we have a clean break - I will look for a well planned revenge trade I am bearish US DOLLAR right now - just technical.
Ok that Doji the support may hold here if we have a clean break - I will look for a well planned revenge trade I am bearish US DOLLAR right now - just technical.
Trade closed: stop reached