Trader3000

My Long Term Setup For The EURUSD

FX:EURUSD   Euro / U.S. Dollar
7
This is my setup idea for the next days or perhaps till the end of next week.
After reaching the level of 1.0880 I think that the EURUSD will break this line for a very short time and than it will start to move downwards for a longer time period.

Of course should all these moves be in context with the open gap (11.11.2016) of the dxy.
When this gap will be closed then I will change the direction of the EURUSD as well.

Sorry for these ugly arrows but the are just showing my simple trade ideas.
So I am short today till 1.0760 and after reaching this level I will go long for the next week.

Good luck and a lot of pips for you all!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.