Euro bullish or bearish
Hello,
this is my first idea I post. The Euro/Dollar is Bullish since october. Currently we are in a neckline with potential bearish form. Eventho the higher timeframes still show us a Bullish form the lower timeframe is testing a big support for a week it can't break through https://www.tradingview.com/x/LsiP7fW1/
I think if the Euro/Dollar can break through we have to wait for confirmation of retesting the support zone (that has become resistance) and we can open a sell order:
https://www.tradingview.com/x/aHht2XwR/
If the Euro/Dollar stays sideways and can break the resistance, then we can open a buy order until 1.07800:
https://www.tradingview.com/x/yddIIQr4/
In long therm euro/dollar is bullish but in shorter times a lot of things can happen. Keep checking the charts and trade wisely
this is my first idea I post. The Euro/Dollar is Bullish since october. Currently we are in a neckline with potential bearish form. Eventho the higher timeframes still show us a Bullish form the lower timeframe is testing a big support for a week it can't break through https://www.tradingview.com/x/LsiP7fW1/
I think if the Euro/Dollar can break through we have to wait for confirmation of retesting the support zone (that has become resistance) and we can open a sell order:
https://www.tradingview.com/x/aHht2XwR/
If the Euro/Dollar stays sideways and can break the resistance, then we can open a buy order until 1.07800:
https://www.tradingview.com/x/yddIIQr4/
In long therm euro/dollar is bullish but in shorter times a lot of things can happen. Keep checking the charts and trade wisely
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