FX:EURUSD   Euro Fx/U.S. Dollar
8858 34 208
The EURUSD             us in a corrective structure, it is about to break out out of a down correction so buying the breakout looks like a good idea.

Trade with care.
Thank you for your support.
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
prisma
8 months ago
nice chart!
Reply
moe2103
8 months ago
thank you anil
+2 Reply
GeorgeMcGeown
8 months ago
What TP would you recommend?
+4 Reply
NHTG
8 months ago
good opportunity, thanks for posting.
Reply
Cazzie
8 months ago
I am buying this pair Anil, and all pairs affected by the DXY when it made a double top on the Daily.
I realize it is a short term move, but I try not to let an opportunity rust :)
Reply
Tptrillion
8 months ago
Thanks Anil. Looking like the corrective break out pattern that happened with gj yesterday. Nice setup.
Reply
LolliPip
8 months ago
Thanks Anil :)
Reply
den_
8 months ago
many thanks Anil!
Reply
nahidik PRO
8 months ago
Thanks Anil I am watching this carefully
EURO/USD at important junction
Reply
IAmAgainst
8 months ago
I learned a whole new way of interpreting charts thanks to your posts.. I have a question if you don´t mind, when you say buy/sell the breakout, do you place a market order at the very moment the prices reaches a certain point or do you wait for a closing candle in the zone you expect? If the second, do you get in in the place the candle closed or do you wait for a pullback to the recently broken trendline?
Reply
wallboys IAmAgainst
8 months ago
Let price break a trend line , you know valid break out ? body candle close out in trend line area, in break out strategi have 2 diverent way to trading , 1 is agresive trading and safe trading , agresive trading if price break trend line we enter market without wait price to pullback , if safe trade price berakoutt we wait to pulback then we wait to bounce then we entry
Reply
IAmAgainst wallboys
8 months ago
Thanks.. it's a way of thinking that I've put in practice yet. My usual strategy is to predict where a price will bounce based on previous structure, placing the limit order, sl and then wait and see.
When I analyze these breakouts in past graphics it seems an amazing strategy but at the moment of implementing it, when a prices breaks a trendline I tend to think "It already went up/down too much, it's too risky to buy/sell now".

I guess the psychological part is the hardest to work on rather than the technical analysis..
Reply
IAmAgainst IAmAgainst
8 months ago
I've "not" put in practice yet, I meant.
Reply
wangbujun
8 months ago
good to follow you to enter eurusd for long!
Reply
rooshan.ashfaq32
8 months ago
Hehe.....Clever movement by Eurusd....breaking downward trend line.....catching buyers but comes back in channel.....
Reply
Koryphaeen PRO rooshan.ashfaq32
8 months ago
And it will catch sellers too who freaked out by the move you spotted and went immediately from buy to sell, if they do not understand how such moves/waves behave.... but, hey, that's trading, isn't it? :)
Reply
Koryphaeen PRO
8 months ago
It is a nice, very well thought trade setup you are giving out for free to us, thank you for that! With a R/R ratio of around 1/10 what else could a trader want, right? ;)
Reply
rooshan.ashfaq32
8 months ago
I am not in sell or in buy I am on side line waiting for breakout
Reply
mizo
8 months ago
thnx bro
Reply
oubba37
8 months ago
Thanks Mr Anil Nice Chart
Reply
tslusher
8 months ago
Thank you for your idea
Reply
Lindsay PRO
8 months ago
On to this one. Thanks for the heads up Anil.
Reply
zulboz
8 months ago
link crash join me webinar!!! again link pls
Reply
HaiGo
8 months ago
Why going long, I thought the trend is down?
Reply
hampe951
8 months ago
is it to late for a buy?
Reply
wangbujun
8 months ago
the movement is too little,i want to escape now!
Reply
kallentto wangbujun
8 months ago
I think I will BE like you, only 10 pips left and I can escape safely.
Reply
InFoMaN
8 months ago
It work! Thank you!
Reply
johan.verm
8 months ago
Nice one!!!
Reply
Good chart on that corrective chart.
Reply
arif_awan
8 months ago
lol market is in major bearish reversal!!! buying cant be a good idea.
Reply
anilmangal TOP arif_awan
8 months ago
OMG thanks you!! I guess you won the Nobel Prize for seeing things that happened 3 day ago!!
Reply
anilmangal TOP anilmangal
8 months ago
thanks to* you.
Reply
Hazem
8 months ago
Is there any update for this trade Mr. Anil ?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out