EURUSD BULLISH SETUP

30 Mei 2016

This is a premature draft of my bullish setup.
we need some confirmation.

Invalidation level at 1.1050

31 Mei 2016

Nota

If the price break above WPP next step should be at least 1.1175

31 Mei 2016

Nota

still going up, but not so strong

31 Mei 2016

Nota

small target area reached.
now a little pullback could happen but i hope it will continue up a little more.

31 Mei 2016

Nota

if we drop below the dangerous area the trade could be at risk.
Since i'm long from 1.1103 i will eventually edge my positions 'till 1.1050 if the price fall below 1.1100.

1 Jun 2016

Nota

Price actually sits in the "dangerous pullback zone".
If the price reverse here next minimum target should be around 1.1200
Price can still fall lower to 1.1100 - 1.1050 ....

1 Jun 2016

Nota

facing first resistance area let's see

1 Jun 2016

Nota

closer to new target

1 Jun 2016

Nota

Even closer to next target but next 2 days will be full of news.
Pay attention with your trades.

2 Jun 2016

Nota

Target reached.
Now the price could come back a little in the area of 1.1170 - 1.1140.
This can provide a new buy opportunity if the PA tell us.
The price can also continue up to shark 1 target
Let's wait where news will bring us today

2 Jun 2016

Nota

Downside still in progress. Let's see where Draghi bring us

3 Jun 2016

Nota

Here we are. Will it go UP or DOWN ?

3 Jun 2016

Nota

Shark target 1 reached :)

3 Jun 2016

Nota

I will continue with the daily setup

3 Jun 2016

Nota

OK, now the price reached a good level.
At this point it can continue a strong up move or retrace. I personally took partial profit at 1.1345 and i will keep open a couple of long positions. I will wait for it to reach the shark target area 2 around 1.1415-1.1460 (strong resistance area). i moved Stop to BE and i will manually close the trades if PA tells me.

8 Jun 2016

Nota

Trying again to broke WR1 and reach target 2