EURUSD - Long Set-up
Hi folks,
🔺We are witnessing or about to witness the peak of interest rates by the Fed, but it seems too early to say the same for the EU.
🔺Although EURUSD briefly dipped below the regression trend, it managed to bounce back above it.
🔺A bottom formation has formed on the 4-hour RSI, and as the closing prices go above 50 points, it is expected to gain momentum in an upward direction.
🔺The target of the pattern on the table is 1.1250.
🔺Stop: 1.085
🔺Take profits (TP) are indicated with fib levels.
Bonus Chart: EURUSD 1D Graphs
🔺We are witnessing or about to witness the peak of interest rates by the Fed, but it seems too early to say the same for the EU.
🔺Although EURUSD briefly dipped below the regression trend, it managed to bounce back above it.
🔺A bottom formation has formed on the 4-hour RSI, and as the closing prices go above 50 points, it is expected to gain momentum in an upward direction.
🔺The target of the pattern on the table is 1.1250.
🔺Stop: 1.085
🔺Take profits (TP) are indicated with fib levels.
Bonus Chart: EURUSD 1D Graphs
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TradingView'deki avantajlar için : tr.tradingview.com/pricing/?share_your_love=Bullfighterr
IntoTheBlock için: app.intotheblock.com/
CryptoQuant için: cryptoquant.com/sign-up?my-friend=6s1a59g3
IntoTheBlock için: app.intotheblock.com/
CryptoQuant için: cryptoquant.com/sign-up?my-friend=6s1a59g3
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.