Anticipating a completion of the 5th wave of C leg which will indicate a new development of an uptrend.
weekly trendline break re-test and engulfing candle. possible EMA cross over. Higher high and lower highs created. in confluencewith fib retracement. bullisg bias,
Multiple authors already posted this pattern under EURUSD. I previously posted on the EURUSD Bearish Pin Bar on the daily chart (August30, 2017). Back then, I did not look at the COT data. I am correcting that oversight now. Go to wwwdotbarchartdotcom and look under futures then under Commitment Of Traders. It looks like the commercials play futures on a...
got signal,break 50 ema and pull back close to 50 ema looking good to jump up.
this is not good time for go long.waiting price come back trend line.then we can go long.next week EUR News Strong than USD News.patient will make good decision. Happy trending And Happy Weekend!
Name it all : Rates hike, ECB slow in action, Isis, refugee, summit, etc all of these factors are affecting EU to shine - but I wont go into details here..... All things being equal - watch EU kiss 1.06953 Like I always say: PLEASE, set your SL accordingly. My TP @ 1.06953 :) see you there
Prior to reading this analysis please see the link to the previous post that I made on EURUSD . As per my previous post, EURUSD gave off some bullish momentum, saw resistance at the 1.2100 level, but buyers supported it by not letting it fall below the 1.11800 level for a few hours. Over the night price action broke down, and this morning's data brought the...
Low volumes to be expected on Easter Monday so we may not get any exciting moves in the single currency today. Chart is pretty clear. Bullish pattern awaiting validation. Bullish against 1.0712. Break below this support dents the Euro bulls hopes and a retest of the 1.0451 low likely. Bullish as long as 1.0712 holds. 1.0902/1.0858 could be a good entry point for...