EURUSD: Nice Potential for Growth Long

Euro Fx/U.S. DollarFXCM

Description

⋅ Feb 13, 2021 11:37 AM

I really like how EURUSD reacted to this falling trend line on 4H.

With such a strong bullish engulfing candle, chances are high that we will see a bullish continuation on Monday.

Next goal for buyers is 1.218 (current local high)

Good luck!

Comments

CERTIFIED_DEGENERATE1

⋅ Feb 13, 2021 1:49 PM

It’s a sell

VasilyTrader

⋅ Feb 13, 2021 6:57 PM

@Ahs16, thank you for comment my friend!!!

stephen3653

⋅ Feb 14, 2021 10:08 AM

Totally with you on this one my friend. Looking at the Dollar Index it has broken an ascending trend line on the 4 hour chart, followed by a bearish candle on the 4 hour chart also. Heading into next week, my assumption is EUR/USD will be bullish.

VasilyTrader

⋅ Feb 14, 2021 10:41 PM

@stephen3653, thank for support buddy :)

wahidro

⋅ Feb 13, 2021 3:11 PM

What significance does your trend line have? Everyones trend line is different

VasilyTrader

⋅ Feb 14, 2021 9:20 AM

@wahidro, Trading is very subjective bro

VasilyTrader

⋅ Feb 13, 2021 11:38 AM

hey guys, are you also bullish on EURUSD?