RSI IS OVERBOUGHT WE HAVE A BEAUTIFUL DOJI ON THE 1HR AND A SHOOTING STAR ON THE 4HR ( REVERSAL CANDLES )
Based on this structure i am still long Feedback Appreciated :)
Feedback Appreciated :)
RSI IN BULLISH TERRITORY Feedback Appreciated :)
Feedback Appreciated :)
-- STRONG BUY ZONE -- SL CAN BE EXTENDED FOR POTENTIAL BREAKOUT AND RETEST -- price expected to hold above 0.7430 as price broke out of consolidation. -- Therefore Resistance has turned Support
Price in consolidation over a week Expecting a break of the triangle very soon Support at 3.21000 Feedback Appreciated :)
Price has declined since mid last year but seems to be stalling on the 61.8 and past resistance, which now seems to be turning into solid support. A Long position from here on a smaller time frame would be good. As we are in a descending triangle with firm/rejecting support which states the obvious with bull momentum price will look to retest the upper line. A...
ENTER ON BREAK & CLOSE ABOVE
We are currently at pivot point with FX:EURUSD . However i do favour Long, i believe if price doesn't reverse around 1.1150 or close price could continue to decline retesting Support. Feedback Appreciated :)