Fxprotrader

EURUSD Watch For A Buy Setup At Key Zone

Panjang
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FX:EURUSD   Euro / Dolar A.S.
Price in EURUSD is moving in a rising channel into a corrective structure and is now testing a key level where we should watch for a buy setup. It's very interesting that price has retraced to the lower parallel of the channel like a clone to a previous retracement (same range, same angle). Even if this zone looks like will push price higher, we still should wait for a buy setup to form with a wave pattern being my first priority.

Have a nice trading week..!

p.s: Take a minute and read my post of "1001 pips project". You may find the link below..
Komen:
Price is movig into a wedge pattern, while we have a bullish divergence in MACD. Keep a closer eye for a breakout above the pattern, wait for a buy setup to form based on your strategy and buy EURUSD
Komen:
Komen:
This zone hold and price reversed and going up once again.. What i expect now, is a correction for another up move. For those who are already in, you may add and trail, to make this setup a huge one..
Penafian

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