EURUSD Long Bias. (Supply-Demand: Price Action Strategy)

FX:EURUSD   Euro / U.S. Dollar
412 2 5
Currencies : EUR/USD            
Action : BUY
Trading Time Frame : Daily
Entry Area : 1.0420-1.0960
Entry Area 2 : 1.0910-1.0840
Stop Loss : 1.0810
Stop Loss 2 : 1.0690
Take Profit Area : 1.1430-1.1330

Trade Reason:
-Analysis is done through multiple time frame .
- In monthly TF, price has no clear direction and squeeze itself in a range. (Ranging)
- Weekly TF, price is making higher high and an uptrend is formed. (Slightly Up)
- Daily TF, a down-trend (drawn from 29/6/15 peak to 31/7/15 peak) has been broken up which indicates bullish sign of Euro             . (Retest and Strong Up)
- Support : USD index has provided bearish signal.
also got into this setup, my tl was drawn a bit different to yours but i realised it had be altered after i posted my analysis
SuperMush NathanGittens
Well, seem like u hv nice profit too. Cheers!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out