MountOlympusFx

EURUSD Is still looking BULLISH TO me with 1.1280 in sight

Alış
MountOlympusFx Güncellendi   
FX:EURUSD   Euro / ABD Doları


EURUSD Thesis

- Weekly: After rejection of major zone 1.1223 last week candle closed as a shooting star signalling bears are ready to push price lower. EUR market structure is still bullish so we need to be cautious.

- Daily: Previous low was taken out after break below 1.1177 4hr zone with a bearish engulfing candle signalling bears could push EUR to as low as 1.1072 which is our next intended target.

- 1hr: 1.1177 couldnt hold as resistance and broke above it. What is likely to happen now is that price will now test zone as support & because EU on higher time-frame is bullish we could see price reach 1.1280 resistance from here. Extra confirmation of bullish presence is an inverse Head & shoulder pattern signalling a reversal.

İşlem aktif
İşlem elle kapatılmış:
-5PIPS. Change of heart I do see EURUSD moving much lower from here
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.