EURUSD WEEKLY ANALYSIS 21 FEB 21
Hello everyone…
If you see my recent ideas, you can see me looking for long positions and nothing else.
The reason I’m staying bullish on the EURUSD because I cannot see any change in major trends
I think the pair will test the demand area on 1.20817-1.20888, before potentially setting the inverse head and shoulders for larger extensions to the upside.
However, on Tuesday or Wednesday if we find the price goes down even below 1.20336-1.20451 we should be careful because it will negate the bullish outlook although it may not be so significant after all.
Always use a stop loss to protect your equity and trading with your own risk.
Good luck!
If you like my idea, then please like and share.
If you see my recent ideas, you can see me looking for long positions and nothing else.
The reason I’m staying bullish on the EURUSD because I cannot see any change in major trends
I think the pair will test the demand area on 1.20817-1.20888, before potentially setting the inverse head and shoulders for larger extensions to the upside.
However, on Tuesday or Wednesday if we find the price goes down even below 1.20336-1.20451 we should be careful because it will negate the bullish outlook although it may not be so significant after all.
Always use a stop loss to protect your equity and trading with your own risk.
Good luck!
If you like my idea, then please like and share.
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.
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.