Foreverinprofit
Audjpy Possible Bullish Move Based off DailyWeekly Trendlines, Daily reversal pattern indicate possible Bullish Move.
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EURUSD LongsPrice has broken past the previous structured demand zone at 38.2% Fibb levels. My previous analysis on EURUSD had a potential to go long at that current price 1.1080. BUT as I mentioned if it was to FAIL it would had to break the zone with a big candle. Price did exactly that and hit its next target level for reversal on 61.8% PRZ Fibb level. Price now remains in a structured demand zone and bounced off a trend line as well my bias on this pair is now officially BULLISH. ADX also is about to confirm the setup as well as the Moving averages.
Major TIP
Always adjust to price never ever EVER remain solid on one direction. Technical analysis can always give you a edge and always keep in mind TRADING is 90% Mental 10% Technical!
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EURUSD Potential LongsDemand Zone is heavily respected with structured support off the 38.2% Fibb. Also a double bottom confirmation with divergence.
NOBODY should be shorting this pair as of now if you are keep in mind you might be against the trend.
Trading is 90% Mental and 10% Technical. Traders must work on patience and believe in your own analysis.
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EURUSD still Potential Longs Price dropped pass support on the 38.2% Fibb making it a new found resistance. Price still remains inside a structured demand zone sitting on support. My bias on this pair is still long unless the demand zone is fully breached and becomes a solid supply zone. Also RSI shows Divergence indicating a possible bullish setup with a trend line assisting it for support.
Trading is simple remain patient and believe in your technical analysis.
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