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ForecastCity_ME
Jul 20, 2020 7:09 PM

Don't miss the great buy opportunity in EDOUSD Long

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EDOUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.

Take Profits:
TP1= @ 0.9900
TP2= @ 1.1500
TP3= @ 1.4200
TP4= @ 1.8000

SL= Break below S2

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Comments
Mehmetozdemi
Looks good
ForecastCity_ME
Shiva_forex
Nice chart. Thanks
ForecastCity_ME
@Shiva_forex, Thanks for your comment 🍀 💙 😊
Forecast_Crypto
amazing
ForecastCity_ME
@Forecast_Crypto, Thank you!
Pro_Trader_007
perfect analysis!!
ForecastCity_ME
@Pro_Trader_007, Thanks 😊
sara-kian-fx
This is such a complete analysis
ForecastCity_ME
@sara-kian-fx, Thanks for your comment 🍀 💙 😊
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