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Aiquetrading

Bullish View on EURUSDReview: After Wednesday's up move, price stuck in a 40 pips range for 2 days. Friday, price did close near the high of the day. This likely set the stage for next week. Trade: Managed to build entries around 1.1240+, carried it over weekend as I still hold the view that EUR should move towards 1.1300, 1.1400. Plan: As price moves into the green zone, I would continue to build the size and target 1.1370 and 1.1400 (last high) before looking at 1.1450 I have been anticipating the trend change since the double bottom. There have been 2 good moves (Green solid line) and 2 deep retracements (Green dotted line), both tested 1.1200. A strong push above 1.1315 and eventual break of 1.1450 would confirm the trend change (until something else happens) Post of Facebook: bit.ly
Long
by forexlye
6