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EURUSD Trading Idea

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Euro / Dolar A.S. (FX:EURUSD)  
colibritrader  
FX:EURUSD   Euro / Dolar A.S.
Trend Analysis Chart Patterns Beyond Technical Analysis EURUSD eurusdlong eurusdforecast
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trendanalysis chartpattern beyondta eurusd eurusdlong eurusdforecast
I am currently looking at EURUSD and it seems like we might be about to see a continuation of the uptrend.

The price has formed a bullish engulfing pattern on the daily timeframe. This pattern is preceded by another bullish engulfing pattern that formed in the previous two trading sessions.

I will be waiting for the EURUSD open to see if there would be an opportunity to go long.

Then, I will be looking how the price will react to the 1.2500-1.2600 levels and decide if I want to take profits or let the trade run.

Penafian

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