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forexwithfred

EUR/USD - Continuation of Bullish Momentum

Panjang
Euro / Dolar A.S. (OANDA:EURUSD)  
forexwithfred  
OANDA:EURUSD   Euro / Dolar A.S.
Trend Analysis Harmonic Patterns Chart Patterns EURUSD eurusdidea eurusdlong eurusdshort higherlow Bulls Power breakandretest
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trendanalysis harmonicpatterns chartpattern eurusd eurusdidea eurusdlong eurusdshort higherlow bullpower breakandretest
Hello Traders!,
Markets are back open, Hoping we all had a great weekend of rest, relaxation and preparation for the week ahead of us, it seems that we'll still be riding the bulls this week against the USD, lets wait and see!
What Is The Market Telling Us?
  • Great bullish momentum in this market ever since 14th May, almost a whole month now!
  • Price was previously rejected at weekly resistance, will anticipate another test of this level and determine where the trend goes
  • 14EMA & 50SMA are repeating pattern of closing in together then repelling
  • Higher lows continue to be broken and retested
When Should We Enter?
  • Looking for clear bullish patterns on lower timeframe
  • Should look to BUY once a clear bullish candle closes above Support 1
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.