EUR/USD - buy setup incoming
Updated
Dear traders and followers,
welcome to todays EUR/USD analysis. Not much to say to this idea. DXY (Dollar Index) is near strong moving average resistance on weekly chart and has shown some bearish divergence signals on higher time frames which indicates an incoming trend reversal for the EURO.
All other important informations for this EUR/USD trade are drawn in the chart.
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welcome to todays EUR/USD analysis. Not much to say to this idea. DXY (Dollar Index) is near strong moving average resistance on weekly chart and has shown some bearish divergence signals on higher time frames which indicates an incoming trend reversal for the EURO.
All other important informations for this EUR/USD trade are drawn in the chart.
Feel free to leave a comment or to share your ideas in the comments section
Please hit the like button if you share or like this idea.
Follow us and stay up to date/don't miss any new ideas
Thanks for your support
Trade active
Note
moving SL into break even - position already in nice profitNote
adding more after close above 1.15800 on 4 hour chartNote
moving SL into profit 1.15578Note
closing 33% of the position right now and moving SL up to 1.15841Trade closed: target reached
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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