EURUSD BULLISH SETUP

30 May 2016

This is a premature draft of my bullish setup.
we need some confirmation.

Invalidation level at 1.1050

31 May 2016

Not

If the price break above WPP next step should be at least 1.1175

31 May 2016

Not

still going up, but not so strong

31 May 2016

Not

small target area reached.
now a little pullback could happen but i hope it will continue up a little more.

31 May 2016

Not

if we drop below the dangerous area the trade could be at risk.
Since i'm long from 1.1103 i will eventually edge my positions 'till 1.1050 if the price fall below 1.1100.

1 Haz 2016

Not

Price actually sits in the "dangerous pullback zone".
If the price reverse here next minimum target should be around 1.1200
Price can still fall lower to 1.1100 - 1.1050 ....

1 Haz 2016

Not

facing first resistance area let's see

1 Haz 2016

Not

closer to new target

1 Haz 2016

Not

Even closer to next target but next 2 days will be full of news.
Pay attention with your trades.

2 Haz 2016

Not

Target reached.
Now the price could come back a little in the area of 1.1170 - 1.1140.
This can provide a new buy opportunity if the PA tell us.
The price can also continue up to shark 1 target
Let's wait where news will bring us today

2 Haz 2016

Not

Downside still in progress. Let's see where Draghi bring us

3 Haz 2016

Not

Here we are. Will it go UP or DOWN ?

3 Haz 2016

Not

Shark target 1 reached :)

3 Haz 2016

Not

I will continue with the daily setup

3 Haz 2016

Not

OK, now the price reached a good level.
At this point it can continue a strong up move or retrace. I personally took partial profit at 1.1345 and i will keep open a couple of long positions. I will wait for it to reach the shark target area 2 around 1.1415-1.1460 (strong resistance area). i moved Stop to BE and i will manually close the trades if PA tells me.

8 Haz 2016

Not

Trying again to broke WR1 and reach target 2