EURUSD - Be patience for long opportunity!
**Weekly**: Currently on a previous resistance area, which potentially turn support.
**Daily**:
- The price is on a strong 200 EMA support.
- MACD is showing bearish trend with decreasing momentum.
**4H**:
- Overall structure is bearish.
- The price currently in a ranging period after an upside impulse.
- MACD is showing more bullish power.
**What to do now? When to buy?**
- I am towards buying bias since it is in confluence of key structure and 200EMA in higher timeframe
- As the price is in consolidation, I will look for potential price action, eg bullish breakout or range support, to enter a long on this pair.
Do be aware for the CPI report coming out later! GOOD LUCK TRADERS!
**Daily**:
- The price is on a strong 200 EMA support.
- MACD is showing bearish trend with decreasing momentum.
**4H**:
- Overall structure is bearish.
- The price currently in a ranging period after an upside impulse.
- MACD is showing more bullish power.
**What to do now? When to buy?**
- I am towards buying bias since it is in confluence of key structure and 200EMA in higher timeframe
- As the price is in consolidation, I will look for potential price action, eg bullish breakout or range support, to enter a long on this pair.
Do be aware for the CPI report coming out later! GOOD LUCK TRADERS!
トレード終了: 利益確定目標に到達
Congratz for those who take on the buying ride!
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。