Wait for the break after buy or sell If it break the trendline sell Or If it break the 1.19930 Buy
As we can see that market is following its trend line and at the same time the rejection is also made on last saturday, So we can expect a proper uptrend now, Trading idea make a buy on monday TP1 1.2066 TP2 1.2090 SL 1.1830 When the daily candle closes above 1.9526 then move SL to entry
Expect a pull back on lower side & then a buying force to break the upper range. keep sl: 1.8650. tgt: 1.200
EURUSD is looking for long opportunity to take the move to the upside & has the high probability to fulfil. DXY index seems weak across the board.
Euro against Dollar pair bounced from month lowest price of 1.18500 to 1.19500 last week, price action analysis suggest that price would go higher to reach March starting point price of 1.20500 zone..its so crucial how price reacts from that point will decide the future movements of EURUSD.. Analysis only for education purpose
Looking at EUR/USD we can see that the long term structure is bullish we have been making higher highs but have stopped on weekly timeframe we. are looking very bullish but on other timeframes we can see that we are bearish I still think this a deeper pullback so maybe we could see some sort of pullback into the 1.18500 region before going up If we do break...
EU on Weekly time frame has Ended it's correction part so i'm expecting price to go up till near resistance.
EU is on daily's support level so i just go to lower time frame and wait for market structure to break. at the break of market structure i tried to enter on it.
Don't Miss the opportunity to buy
Few days ago, H&S top was spotted in this pair, Now a small inverse H&S is also spotted on the same pair. Also the neckline break wasn't sustained means a failure of the H&S pattern. Above the red line EURUSD should move up aggressively.
EURUSD Inverted Head And Shoulder Pattern formed if its break above 2190 then go long with the full target of 2400 SL=2110 RR=2:1
There are certain chances for market to retrace for a bit and break the trend, but it will be back from its resistance. Wait till the market closes above the 1.2188 to open a buy trade else put a buy lim on 1.2055. Buy Lim. 1.2055 Stop loss 1.2015 TP1 1.2140 TP2 1.2125 TP3 1.2175 TP4 1.2185 TP5 ...
Euro against Dollar looks bearish from 6 Jan , and now it looks bullish from fibo 50 % area of 1.80 price range.. so it looks positive to finish january on 1.23 area or atleast 1.22750 area.. analysis given for education purpose only
Long @ 1.22030 Stop Loss @1.21780-1.21790 (40-50 points below) Target 1 @ 1.22480 (450 point above) Target 2 @ 1.23090 (960 points above) Target 3 @ 1.23160 (1130 points above)
EU just break the Weekly and monthly supply zone, so it is invalid, not it build the new structure and ADX Also Telling Positive move can come in early way