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150daysma

EURUSD Potenital Long SetupEURUSD is seemingly in an attractive spot for continuation players. There's a bullish harmonic pattern noticeable on 240 chart. It went through 61.80% pullback on its bullish swing after hitting the 150 day EMA and is now above 38.20% point of the pullback leg. Increased odds that this pair will try to climb towards the 61.80% point of the pullback leg, perhaps test the gap area around 1.1725. Short risk on EURUSD is the preferred choice at this point. Wider stops beneath the recent low of 1.1480, tighter stops beneath 1.1530 and 1R-2R targets ahead.
Long
by Zoen_Trieste
EURUSD Probable Demand area EURUSD is going through the expected reaction after touching the 150 day EMA. It is probable that bears will take profit at the triple bottom area near 1.1520 and aggressive bulls might join for a scalp taking this pair higher towards the 1.1650 area. Bears are still holding on to their positions, first signs of a minor reversal will appear in lower TFs. Buying around 1.1520 with stops below 1.1480 and looking for 1R-2R targets seems reasonable.
Long
by Zoen_Trieste
CL Pullback Long Crude Oil is building bullish momentum after touching the 150 day EMA. The complex pullback pattern took longer to materialise, perhaps because an extended accumulation was taking place. At this point, this pair seems to be looking higher, the daily/weekly/monthly charts are showing bullish signs. The monthly bar, if closes at current level or higher, will be printing a Wyckoff's spring. If this long-term bull trend in Crude Oil is still intact, institutionals should pick it up from here. If it fails around this area and the month closes in red, bulls will vacate their holdings and a major trend change can ensue. Trade with care.
NYMEX:CLV2018Long
by Zoen_Trieste