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colibritrader
Nov 1, 2018 8:45 PM

EURUSD Trading Analysis Long

Euro Fx/U.S. DollarFXCM

Description

https://www.colibritrader.com/eurusd-trading-analysis-10/

I have been waiting for a pull-back, which never came. I am still looking for the price to come down a bit from the highs.

If that happens, I will consider taking a long position. I will be particularly paying attention to the 4H chart and the price action around 1.1375.

A couple of additional factors telling me it is time to go long soon:

Daily Bullish Engulfing Candlestick
Major support level at 1.1300
Based on those and my other observations I might take a long trade depending on future price action.
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