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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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.
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.