EURUSD LONG SET UP 9/12

12 Eyl 2017

WEEKLY ANALYSIS
WE HAVE SEEN BULLISH WEEKLY CANDLE CLOSE ABOVE 1.2 RESISTANCE
HIGHER HIGHS ARE MADE, WE ARE IN AN UPTREND UNTIL BEARISH MOMENTUM WILL COME

DAILY ANALYSIS
HIGHER HIGHS WERE MADE WITH CONFIRMATION
61.8 CONFLUENCE
TL SUPPORT CONFLUENCE
FALSE HIGH POTENTIAL IS LOWER BECAUSE WE SAW DAILY CANDLE CONFIRMATION

TARGET IS NEXT ABOVE WEEKLY RESISTANCE OF 1.215
1.195 IS SHOWING STRONG SUPPORT SIGNS

15 Eyl 2017

Not

EURUSD managed to retrace down even further breaking below 1.19 before finding support @ 1.185

15 Eyl 2017

Not

This is showing a great risk to reward set up if 1.185 will hold up as a strong support in the future. We could be looking @ a higher low set up. I am expecting EURUSD to make new highs in the future