Breakout opportunity on EURUSD
Updated
A breakout opportunity is forming on the EURUSD.
The pair is in a downtrend since many weeks and has offered plenty of trading opportunities. More recently it has been consolidating between the high 1.14 and the low 1.12.
Currently, the price is squeezing and the indicators we use, all confirm that a new great opportunity is coming.
Remember to be patient and always check confirmation from the indicators!
The pair is in a downtrend since many weeks and has offered plenty of trading opportunities. More recently it has been consolidating between the high 1.14 and the low 1.12.
Currently, the price is squeezing and the indicators we use, all confirm that a new great opportunity is coming.
Remember to be patient and always check confirmation from the indicators!
Note
We are having very great trading opportunities on the EURUSD in the last weeks! Moreover, the analysis of the weekly chart shows that further downward movement is expected with all the three leading indicators (Sentiment Index, Levels and Zones, Breakout Pivotal Bars) confirming it. A strong upward movement should then follow in the second half of the year but this is yet to be confirmed by the indicators.
Note
Moving as expectedTrade closed: target reached
1.095 ;-)
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📈 MINIMALIST TRADING INDICATORS
💚 1-Week FREE Trial: minimalisttrading.com
❤️ Trading videos (YouTube): bit.ly/MT-Channel
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