EURUSD is now on a bullish market ?
Hi guys,
Let's see the
EURUSD on the H4 timeframe.
We can see that the Currency is making Higher high and higher low right now. It's look like a beginning of a bull market.
However, the 200 EMA still pushing down the price, so be carrefull when the price will contact it in few days/weeks.
All we have to do is to buy support and follow the trend. At the moment, my toughts is that the price is on the middle of the canal. i prefer wait for a best opportunty, as exemple : if the price break the next red line with a retest will be a very nice opportunity to enter with a long position.
Hope you enjoy my analyss, Always tryin to be simple.
What's your toughts about this pair ?
Don't hesite to comment or like my post, if you want other simple and efficient analyses, fell free to subscribe. :)
Let's see the
EURUSD on the H4 timeframe.We can see that the Currency is making Higher high and higher low right now. It's look like a beginning of a bull market.
However, the 200 EMA still pushing down the price, so be carrefull when the price will contact it in few days/weeks.
All we have to do is to buy support and follow the trend. At the moment, my toughts is that the price is on the middle of the canal. i prefer wait for a best opportunty, as exemple : if the price break the next red line with a retest will be a very nice opportunity to enter with a long position.
Hope you enjoy my analyss, Always tryin to be simple.
What's your toughts about this pair ?
Don't hesite to comment or like my post, if you want other simple and efficient analyses, fell free to subscribe. :)
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.