Simple technical trade, backed up by fundamentally exposed Dollar during the G20 Summit today and this weekend.
Former resistance has turned to support and present a good buy zone for EURUSD.
EURUSD labeled within a Bullish Motive Wave, in Intermediate (C) (green), final leg af the Intermediate (A)(B)(C) (green) sequence.
Euro-Dollar should go bullish after the retracement, with a violent move on the up-side as the next interpretation.
FX:EURUSD
OANDA:EURUSD
FOREXCOM:EURUSD
SAXO:EURUSD
EURUSD - Intraday - We look to Buy at 1.1313 (stop at 1.1273)
Inside Soldiers have been posted on the daily chart. Selling posted in Asia. Broken out of the wedge formation to the upside. The formation has a measured move target of 1.1448. Intraday, and we are between bespoke support and resistance...
Eur/Usd is still in a bullflag pattern and waiting for the breakout. Past Knowledge and Past Experience tells us that this pattern usually breaks out to the upside.
This is why they call it a bull flag! This does not mean to enter buy now! It means that u need to enter a buy on the breakout of the flag!
BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Hello to all watching my charts
Lets have a look now to one of my favourite paisr:
EUR USD
As is mentioned in the last post
we are short 1 D / 4 HR but with the opportunity of going long now
so under the line its a neutral status now.
Still the longer timechannel is short (but angel has fallen down)
and the shorter timechannel is long (but angel has fallen...
EURUSD have been trading in a narrow range - its almost testing the support and trying to bounce, waiting for this market to break the the downtrend line to get into the long trade.
Trade Safe!
For a closer look u can see that price failed to go lower and moved up.
Get ready for the breakout soon and add your buy limit orders on the breakout and do not enter buy now!
We have to trade this correctly!
This is clear. This is a bullflag pattern and price seems to be on its way up to break the pattern now.
Place your longs on the breakout of the bullflag pattern
EURUSD is expected to drop to 1st support at 1.13101 where it could potentially react off and drop down to 1st resistance at 1.14482.
resistance at 28.80
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Again , the way I see this is a uptrend because of the .... The trend moved down , formed a double bottom (Trend Reversal Pattern) and then formed a High , Low, Higher High , and I believe we are waiting for the lower low. Some Traders will trade the pullbacks (or lower low) but it is safer to leave your buy trades.... but when you leave your buy trades... there...
