EURUSD Buy Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Oct 1, 2018 8:40 AM

Engulfing candlestick (1hour chat) formed near support zone, l would buy EU with tp1 at 1.6871 and tp2 at 1.17314. Stop loss is set at 1.15350.

All the best!

Comment

⋅ Oct 1, 2018 9:23 AM

A long tailed pinbar just formed on 4 hour chat. More confirmation to buy EU.

Trade closed: stop reached

⋅ Oct 2, 2018 1:08 PM

Unfortunately SL was triggered, seems 1.15 was a much stronger support than the initial 1.15350 l had used.

Best of luck to all traders!

Trend Analysis Chart Patterns

Comments

FXTM

⋅ Oct 2, 2018 8:58 AM

Mateoo

⋅ Oct 2, 2018 1:11 PM

@FXTM, l like you analysis, very simple :)

asgcorp

⋅ Oct 1, 2018 7:58 PM

the only money making setup you will need in EURUSD is on this H4 EURUSD price chart. Have fun, traders!

InvestingScope

⋅ Oct 1, 2018 5:45 PM

There is a possibility for a potential bounce but limited to 1.1720 in the form of a Lower High on the 4H Channel Down. On the short term the 1.1510 - 1.1530 support zone on 1D will determine the direction, but according to the long term bearish trend pushed forward by the 1W Channel Down, EURUSD is targeting at 1.1300 again and we aim at 1.1450:

Mateoo

⋅ Oct 1, 2018 5:54 PM

@InvestingScope, Nice, l would like to agree with you very much

TradeGenius_1

⋅ Oct 1, 2018 9:52 AM

edit tp1

TradeGenius_1

⋅ Oct 1, 2018 8:51 AM

hope it works

Mateoo

⋅ Oct 1, 2018 9:07 AM

@HosseinShokri, hahaha it will :)

TradeGenius_1

⋅ Oct 1, 2018 9:47 AM

@Mateoo, :) i saw flag at 1h and bought