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UmarAbdurRehman

EURUSD possible reversal & Buy setup

Long
Euro / U.S. Dollar (FX:EURUSD)  
UmarAbdurRehman Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators Wave Analysis EURUSD eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdoutlook eurusdlong eurusdtrade eurusdanalysis
70
9
trendanalysis indicator waveanalysis eurusd eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdoutlook eurusdlong eurusdtrade eurusdanalysis
EURUSD broke out the pennant pattern last week, price action fell quite sharply, but I am wary of the medium term momentum is getting weak. I am expecting for a possible reversal. Personally for me this could be an opportunity to build a trade of the year.
Watch this market carefully and look for long plays if you have your trading strategy.

Good Luck Traders!
Comment:
snapshot

As mentioned 1.1310 mark for longs-so far my position is up 200 pips.
Trade closed: target reached:
280 pips banked, 28x trade.

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