EURTRY has been clearing up-trending for over a decade. The upside momentum has been significantly stronger in recent years, as seen by the more aggressive trend support lines. How long will the upside continue? Is price finally reaching a high?
The main reason for me wanting to open a long-term short on EURTRY is the positive swap rate. I personally believe that...
EurTry will surely go down.
it is in deep overbuy conditions and in W1 you can see the formation of HEAD SHOULDER pattern
Eur start loosing is power in theese days
Usd start gain more power and will help Eur to go down
The cross eurtry have positive swap and is also a good opportunity for accumulating position for intraday trading
Maybe a great opportunity
I am bullish EURTRY for Friday 8/11 because yesterday's daily candle closed above the 5 EMA after having previous candles close beneath it.
This pair has an enormous spread and thus I will not be trading it!
However, I think it will go up!
I see tirangles everywhere..
god bless us.
This can continue to be a big triangle for more than 6 months again like before...
Stop point breakdown.
Entry point breakout.
Price has retraced to kijun sen. Chikou span above price and cloud + Price above cloud + Bullish kumo twist. Good entry with excellent risk to reward ratio.
