TheAnonymousBanker

EURUSD: Strong Fake Signal?

Long
FX:EURUSD   Euro / U.S. Dollar
Finally the long awaited NFP data was released, and was slightly below market expectations, and created a clear reversal signal in the closing week. Since last May, we have identified a strong support area 1,08 and up to now has always held. Even the time frame show high for some time an action can rebound (Bullish Engulfing on the monthly chart and a bearish engulfing pattern on the weekly chart is complete). If you want to follow step by step this setup, but also want to know what would be the level of entry on the market without having a large drawdown, visit our forum www.nonsolotrading.com

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By Anonymous Banker
A TradingView Fan since 2015
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