I'm expecting for new higher high to be formed. But still I'm only interested in the retest of the highs.
Reasons for entry:
1: Retest of daily support (Daily Timeframe)
2: Currently price is trading in an important support zone (4HR Timeframe)
3: RSI oversold/Divergence (1HR TimeFrame)
Still Fx market is unpredictable but hope it plays well.
Happy Trading week...
EURUSD is still in an uptrend and for next I'm looking for buying opportunity.
Reasons of Entry:
1: Strong area of support (Daily Timeframe)
2: Rejection at 200EMA (4Hr Timeframe)
3: Bullish Harmonic Pattern (4Hr Timeframe)
Still the FX market is unpredictable. Hope it plays well.
Wish you luck for the next trading week :)
Still looking for longs nxt week on the EURUSD
1: Price Bounces off the 100EMA on the 1HR chat
2: Price Bounces off the 50EMA on the 4HR chart
3: Completion of the 2nd Elliot Wave
4: 5th Elliot wave end exactly on the Weekly resistance line
Hope this plays well for next week.Still Fx is an unpredictable market.
Wish you luck for next trading week