Get started
Euro / U.S. Dollar

Eur/Usd ranging sideway from bearish movement

By yatrahman
Updated
Price move sideway range from recent bearish trend. Past few candlestick bar on daily chart shows the pair taking a short breath after strong bearish movement.
We might see a positive opportunity short bull for this pair towards daily 4hrs/daily resistance line.
Hence looking for a affirmative signal to buy this pair.
Comment
Going long at 1.16409
SL: 1.16126
TP: 1.17225
Comment
Looks like price are ranging side-ways towards the funnel. A potential breakout upside with a strong candlestick evidence on daily chart.
Comment
TP hit after nfp news came out
Chart PatternspatraderpatradingpriceactionpriceactionanalysispriceactionsignalpriceactiontradingTrend Analysis

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.