EURUSD H1 Long TP: 123230 SL: 1.22607 This is not investment advice
EURUSD is a very clear long play and even stronger on a break of our recent high and above 1.21. I see people calling the top in EURUSD and bottom in DXY everyday and that gives me a further bullish outlook on EURUSD. Sentiment is everything, news is just a catalyst, and technicals are just a way to determine a good entry.
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BUY breakout of channel after bounce from 0.5 Fib retracement from original move up. FX:EURUSD
LONG at 1.27 FIB bottom channel Resistance area. FX:EURUSD
let see price close trendline
Go long at the break of upper trend line for 200 pips after it takes close to 1.16244 and upper trend line break.
Eur/Usd - H4 - still see more upside potential for this pair now that it has broken multiple weekly resistance and also closed above weekly resistance. targets 1.19
Sell below 1.1264. Stop loss at 1.1301. Take profit at 1.1159. Reason for the trading strategy (technically): Price continues to test our resistance as it shapes up nicely for a drop. We remain bearish below major resistance at 1.1264 (Fibonacci extension, horizontal swing high resistance) for a further drop towards 1.1159 support (Fibonacci retracement,...
Sell below 1.1264. Stop loss at 1.1301. Take profit at 1.1159. Reason for the trading strategy (technically): Price has reached our selling area and reversed perfectly as expected. We remain bearish below major resistance at 1.1264 (Fibonacci extension, horizontal swing high resistance) for a further drop towards 1.1159 support (Fibonacci retracement, horizontal...
Sell below 1.1264. Stop loss at 1.1301. Take profit at 1.1159. Reason for the trading strategy (technically): Price is approaching major resistance at 1.1264 (Fibonacci extension, horizontal swing high resistance) and we expect a strong reaction off this level for a drop to 1.1159 support (Fibonacci retracement, horizontal overlap support). Stochastic (21,5,3)...
Sell below 1.0948. Stop loss at 1.1002. Take profit at 1.0853. Reason for the trading strategy (technically): Price has bounced off our buying area perfectly and reached our profit target as expected. We prepare to sell below 1.0948 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down towards 1.0853 support (Fibonacci retracement,...
EURUSD bounced off 38.2 fib @ 1.0845, confluence with Horizontal support. Went Long at 1.0870 adding on pullback to 1.0890 area. Initial resistant at 1.0952 which is 6.8 fib of 1.0255/1.0840 or at 1.0980 (78.6 fib).
Buy above 1.0853. Stop loss at 1.0787. Take profit at 1.0948. Reason for the trading strategy (technically): Price has started to bounce off our buying area perfectly. The plan today is to remain bullish above 1.0853 support (Fibonacci retracement, horizontal support) for a push up to 1.0948 resistance (Fibonacci retracement, horizontal pullback...
Sell below 1.0735. Stop loss at 1.0674. Take profit at 1.0776. Reason for the trading strategy (technically): Price has reacted off our selling area perfectly. We remain bearish below major resistance at 1.0735 (Fibonacci retracement, horizontal overlap resistance) for a drop to at least 1.0674 support (Fibonacci retracement, horizontal pullback...