EURUSD at bottom of range, what to expect?
アップデート済
EURUSD has been in a corrective pattern since 2015 and is currently sitting at the very bottom of that pattern.
We could potentially expect a pullback to previous lows at around 1.085
Price action gave us a ping bar followed buy a bullish engulfing candle.
Looking at DXY strenght, we will need a bit stronger confirmations in order to long the pair to the green zone above 1.08.
If price breaks from the range, trade will of course be invalidated.
Don't rush it, trade it safely, many opportunities will come.
Good luck
We could potentially expect a pullback to previous lows at around 1.085
Price action gave us a ping bar followed buy a bullish engulfing candle.
Looking at DXY strenght, we will need a bit stronger confirmations in order to long the pair to the green zone above 1.08.
If price breaks from the range, trade will of course be invalidated.
Don't rush it, trade it safely, many opportunities will come.
Good luck
ノート
EURUSD is in strong consolidation, we might not reach the target we are hoping for on this pullback. Be careful, trail stop.ノート
Gave us a sweat yesterday night on market open, still on the right path!トレード終了: 利益確定目標に到達
The pair jumped to the target before falling down, out of this one for now.
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