Mazenism
Panjang

go long on strong momentum at the start of the week

FX:EURUSD   Fx Euro/Dolar U.S
go long on strong momentum at the start of the week.


**also check my other ideas about EURUSD             and how it is now in the fifth last bullish wave on weekly and inverse head and shoulders on daily
The inverse head and shoulder is not complete until it croses the neckline close to 1,198. I don't believe this Head&Shoulder will be completed, I have a short view on EURUSD create by the number of shspatterns created, but lets see - best of luck
Balas
Mazenism fvadet
@fvadet, true.

but at the moment there is strong bullish momentum. you can check MACD and STOCHASTIC oscillators. this is a bullish trend.

so it is highly probable for the move to reach 1.198 easily. and then the formation of the inverse head and shoulders be complete.


so in short words, this is the start of the right shoulder's bullish trend
Balas
fvadet Mazenism
@Mazenism, it absolutly a posibility
Balas
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