I put in this par a long position to bought Euro agains the U.S. Dollar. The latest candlestick is signaling that Euro want to up more again, maybe a good target to find up 90 pips.
So, today I analyze EUR/USD (Euro/U.S. Dollar), EUR/GBP(Euro/Sterling Pound) and EUR/AUD (Euro/Australian Dollar) = Bullish
So, the correlated is bullish buyig Euro!!!
Now, that is the best zone of support what I talk here. If you see, in he past we was havened 3 strong resistance in the pass if you see the green zone, is the H4 timeframe. Now, looking now, the previously candlestick was formed is a bullish hammer, but analyzing in H1 timeframe they mark a green candlestick, both seem a long position to find up pips.
What do you think about this strategy that I mark? red's arrow are resistance and green arrow is support
Also, as extra confirmaton we have the RSI and MACD in oversold, that show a change of micro-trend, it's a nice strategy and best opportunity to buy Euro.
Also, I add my latest analysis, so I reccomend for you don't still activate the short crash about the Euro, because other possibilities is that in H4 timeframe we could to see a formation of shoulder head shoulder!!!
Look: It;s
Trade closed: stop reached
Humblelity, as EURUSD is invalided the possible trend continuation. It's touch my SL. Now in other par as EUR/AUD is reach my target profit of 80 pips and EURGBP is aftive and we are in profit and its left to youxh my take prodit less of 16 pips.
Goods profit. So we earned in 2 trade and loss 1 trade.
As learningedge. I will going to make an critical analysia as purpose as educative to learn our fix.
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