LONG EURUSD WHEN 1.08200 BULLISH SUPPORT LINE REJECTS PRICE!
The bears are showing weakness because their resistance trend line is being broken.
Wait for retesting of 1.08200. This bullish support line have been confirmed to reverse the price 3 times.
Long when price is reversed at 1.08200, and get confrimation when the recent bearish resistance trend line is broken.
Also keep in mind that ROC have found support and are rushing towards the zero to confirm a bullish trend.
So we will just have to wait, and see how far the bulls can push up the price if we get this long possibility.
Wait for retesting of 1.08200. This bullish support line have been confirmed to reverse the price 3 times.
Long when price is reversed at 1.08200, and get confrimation when the recent bearish resistance trend line is broken.
Also keep in mind that ROC have found support and are rushing towards the zero to confirm a bullish trend.
So we will just have to wait, and see how far the bulls can push up the price if we get this long possibility.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.