EURUSD ANALYSIS: Long

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Euro / Dolar A.S. (OANDA:EURUSD)

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OANDA:EURUSD Euro / Dolar A.S.

trendanalysis waveanalysis eurusd eurusdlong technicalanalysis pricebehaviour

SHORT TERM: 30MINS Candlestick Chart
EURUSD is still very Bullish according to the price pattern we have in this pair.
1.1485 is the Buyers Territory, it has been broken to the upside with momentum, that break confirms positioning and direction. the formality that preceded that break has to happen.
A correction which is discounting price, the only time this will no longer be a correction is; If price breaks lower than 1.1436.
Trade Execution; Entry and Exits:
BUY: 1.1485
STOP LOSS: 1.1436 - 1ATR
1ST: TARGET CLOSE 50%
2ND: TARGET 1.1570] CLOSE 25%
3RD TARGET AND EXIT: 1.1597

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