Get started
Euro / U.S. Dollar
Long

EURUSD Uptrend LONG

By MJ_Imperial
Updated
AS we can see EURUSD broke daily channel and started an Uptrend. Im long this pair from support 1.11250 and I expect this support to hold. If it breaks it I will reenter and .618 Fibonacci level with Stop Loss below daily trendline. Also we have Fibonacci level 0.382 right at resistance if we manege to break it I will be looking to take first profits at next resistance 1.13000.
Good luck traders
Trade active
Trade active
Trade is still active. We broke 1.11250 Support which is now resistance we must break in order to move more up. Its NFP week so there is a lot of manipulation in the market. However im still bullish this pair and I dont see it going lower than 1.10700. I will looking to add another long at .618 Fibonacci level.
Comment
Price approaching to our .618 Fibonacci level. If we dont bounce up from this level I will move my SL a bit lower to give price a space to move. Still bullish for me!
Trade active
Still holding!
Trade closed: stop reached
chanelFibonacciSupport and ResistancetrendTrend 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.