EURO - Price can bounce up from triangle to $1.0600 points

23 Feb

Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊

Price started to decline in the falling channel, where it bounced from the resistance line and broke $1.0465.

Then it continued to fall and reached $1.0265 support level, which coincided with support area and tried to grow then.

After this, price turned around and dropped to support line of channel and then made upward impulse.

Euro exited from channel and later started to trades inside a triangle, which continues to trades to this day.

In a triangle, price made a strong gap and then rose to resistance level, even broke it, but now trades below.

So, I think that Euro can break this level and even exit from a triangle, after which continue to grow to $1.0600

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24 Feb

Dagangan aktif

Ok, price made a fake breakout of resistance line of triangle and now trades near support level. For this case, I think it can decline to support line triangle and then bounce up to $1.0600

25 Feb

Dagangan ditutup: sasaran tercapai

Hmm... Price grew to the triangle's resistance line and then fell back. For this case, I think it can trades a little and then bounce up, exiting from a triangle pattern.