Updates: ECB fundamentals in Long
Updated
In this par, EUR/USD is show us in the morning that we see a awesome fundamentals that European Central Banks said in the morning that it would increase bond purchases to provide the hardest-hit economies in the Eurozone with a boost after being bottened by the coronavirus crisis. So, guys, this is a bullish fundamentals of what EUR it's their mean.
So, in this technical analysis, EUR/USD in H4 timeframe is above of the EMA 8, so, also EUR is represent a rejection of the candlestick wicks bearish, so, this is a bullish scenario of what the force in EUR we found up demand zone, and institutionals consider EUR bull run.
So, firstly, as reccomendaton assume your loss and close all position in short, because EUR/USD in H1 timeframe has force to continue up and indicators are bullish.
This is a panaromic in Daily timeframe, remember, we can see a possible formation of double top in H4 timeframe, and there, its may be a bearish scenairo after this awesome news of what ECB speaking otday in minutes.
So, in this technical analysis, EUR/USD in H4 timeframe is above of the EMA 8, so, also EUR is represent a rejection of the candlestick wicks bearish, so, this is a bullish scenario of what the force in EUR we found up demand zone, and institutionals consider EUR bull run.
So, firstly, as reccomendaton assume your loss and close all position in short, because EUR/USD in H1 timeframe has force to continue up and indicators are bullish.
This is a panaromic in Daily timeframe, remember, we can see a possible formation of double top in H4 timeframe, and there, its may be a bearish scenairo after this awesome news of what ECB speaking otday in minutes.
Trade active
Trade is ok, there are not updates for the moment, but the H1 and H4 is bull for the moment, tomorrow be here i updates how the market move.Trade closed: stop reached
So, that was an error that today I didn't see in H1 timeframe, because there are an error natural, becuase it's an error and this is a bullish rising wedge, but my expectative is so correct and very good. All it's work to fix our error!!!
Related publications
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.