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Zedro Zedro EURUSD, 240, Long ,
EURUSD: EU Long Following RSI Divergence
144 0 14
EURUSD, 240 Long
EU Long Following RSI Divergence

Last week, I had published a buy prediction that hadn't panned out due to too tight of a SL. I'm still considering EURUSD a great long opportunity due to the 4H RSI divergence, MACD crossover, and 0.618 fib support. This descending channel has held up pretty well over the past few days, but a breakout of that would strongly favor my position. Personally, I see a ...

Zedro Zedro EURUSD, 240, Long ,
EURUSD: Brief, Conservative Long on an EU Retracement
208 0 14
EURUSD, 240 Long
Brief, Conservative Long on an EU Retracement

Entry - Already in at 1.06815 TP - 1.07490 SL 1.06430 Looking for a retracement from this week's Article 50 fall. The price has stalled at the 1.618 fib extension from the most recent price climb, RSI is oversold, and MACD is near a crossover on 4h. Target probably won't be reached until next week if it is hit, but this appears to be a good entry point for a ...

Zedro Zedro EURUSD, 240,
EURUSD: Upcoming Long or Short Opportunity: EU at Converging Trendlines
176 5 15
EURUSD, 240
Upcoming Long or Short Opportunity: EU at Converging Trendlines

I'm mostly on wait-and-see-mode with this trade, but there's opportunity for large, longterm profits in EU. I'm looking at this inverse head and shoulders pattern/symmetrical triangle. Here are two scenarios I'll be tracking if/when the price hits the 1.07940 area: 1) Inverse head and shoulders neckline is broken. In this case, we are in for a longterm uptrend ...

Zedro Zedro EURUSD, 240, Long ,
EURUSD: EU Long off of Rate Hike Spike Retrace
147 0 9
EURUSD, 240 Long
EU Long off of Rate Hike Spike Retrace

This idea is dependent on a retrace from from the initial spike off the Fed rate hike announcement. This was a strong move up and the price could very well hit my target before my entry position is hit, making this invalid. -Entry - 1.06900 -Stop Loss - 1.06650 -Take Profit - 1.07830 It may be beneficial to view a chart at a larger timeframe to understand the ...

Trevork Trevork EURUSD, 240, Long ,
EURUSD: EU prep for an up trend
233 1 5
EURUSD, 240 Long
EU prep for an up trend

BUY @ 1.131 SL @ 1.270 and TP at @ 1.150 ( we might see some unusual movements due to BREXIT rumors but EU is a buy for both short and long term )

fxmillions fxmillions EURUSD, 120, Long ,
EURUSD: EURUSD - Possible triangle completion with a Bat confirmation.
259 0 3
EURUSD, 120 Long
EURUSD - Possible triangle completion with a Bat confirmation.

What more can you ask for the start of 2016? We have a possible Bat and Triangle completion of a second wave correction of a higher degree. Some might count this whole triangle as a B wave correction. Nevertheless its a correction of an up move and a clear wave formation. So we are looking for the next impulse to the upside. This gives us the chance for a pin ...

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