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VasilyTrader
Jan 30, 2020 12:08 PM

EURUSD: Bears Look Weak! Trading Plan Long

Euro Fx/U.S. DollarFXCM

Description



on a daily EURUSD has reached a strong area of support.

on 1h the price action started to slow down and we see a formation of a head and shoulders pattern.

for now, 1.1025 structure resistance is the decision level for the pair.

being broken to the upside, it will trigger a buying reaction of the market participants and the market will most likely bounce
to 1.105 / 1.107 levels.

Comments
ProTraderNataliaRUS
Well done!!!
VasilyTrader
nadhir_24
came trueee
ProjectSyndicate
eurusd 8hour update best level to short for 100 points gain.
JessicaJ094
thanks mam for such a idea
tomsabobiz
Great chart! I also do hope the we are going to see bullish momentum soon. Otherwise we are going to hover in the congestion zone until 1.0980
vikinsa
My though on EURUSD has been Bullish since the start of the week. Here is my zone to initiate long positions.

VasilyTrader
@vikinsa, hey! I like your analysis!
vikinsa
@VasilyPonomarev, Thanks. You are doing very well yourself. I love watching your analysis too.
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