Expecting the price to fake out below the support and next make a bounce towards the resistance.
Nice almost 2 % move.
Flip short at the resistance.
Expecting this trade to play out in the next weeks.
The party's not over! With the sharp bounce-back from the support, dollar further gains against euro in what appears to be the greatest bull market of the pair of this year.
Hello everyone, let's take a look at the USDEUR weekend chart as you can see the price has been moving in the uptrend channel since 2008 and has broken the downtrend line that has been going on since 1985.
Let's start with the designation of the support line and as you can see the first support in the near future is 0.95, if the support breaks down, the next...
FX_IDC:USDEUR
Hi Fellow Traders,
USDEUR at a crucial Resistance, if it breaks this resistance of 0.9669 with good volumes, it would be a good opportunity to go LONG on USDEUR.
SL -> 0.9400
Good Morning.❤
Now the red candle is in a good position to start a good trend either an up to one or a downward trend
so we are waking for a confirmation:
+If it goes up buy at 0.9588👌
+IF it goes down-sell after a red candle✌
and pay attention to the support it can reverse
SO TAKE RISKS AND OPEN UR WALLETS🤑👍
Good luck💙
It seems like a correction to ABC. I have three levels that I think we might temporarily correct to in what is otherwise a bigger correction. I am watching for 0.850, then 0.852. 0.856. Not financial advice.
Hi All,
I have drawn the structure and reasons for price action.
The 0.318 level will bound to give a bounce and when looking at the overall Elliot wave correlation, its wave E of a complex wave which should break up and the USD regain lost ground against the EURO
Weekly indicators supports a reversal coming as the bottom is near.
Monthly chart
Please give...
![USDEUR: USDEUR - Big RECOVERY RALLY - Coming Soon [PUMP]](https://s3.tradingview.com/v/vY1LFVJa_mid.png "USDEUR - Big RECOVERY RALLY - Coming Soon [PUMP]")
