EURUSD - Trade Planning
Hey!
As you can see it on the chart we have a strong support 'area' where the 200ema and my dark red horizontal line cross.
If price can break above the orange-ish line, then, a good long position can be placed - although the red downwards trendline can stop it.
Let's see how it goes - today is a very calm day, I do not expect any major movement.
As you can see it on the chart we have a strong support 'area' where the 200ema and my dark red horizontal line cross.
If price can break above the orange-ish line, then, a good long position can be placed - although the red downwards trendline can stop it.
Let's see how it goes - today is a very calm day, I do not expect any major movement.
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.