Euro / Dolar A.S.Panjang
EUR/USD Forecast: Long
Here is what to expect on the EUR/USD
RECAP:
In our previous analysis the pair was trading at 1.19220
We expected the pair to be bullish and test resistance @ 1.19500
The pair did so & broke above resistance @ 1.19500 triggering our Buy Stop
@ 1.19500 but was limited to 1.19670 before it could hit our TP @ 1.19700
signaling weakness in the bulls & also reversal being confirmed on a bearish
harmonic on the 30M chart which we capitalized on.
Our buy order is still open.
WHAT TO EXPECT:
Currently @ 1.19240
The pair is currently range bound between 1.19400 & 1.19100
We are bullish on the pair
If the pair breaks above the descending channel & resistance @ 1.19500
we expect it to try & test last weeks high of 1.19918 & attempt to reach 1.20
On the other hand if the pair breaks below the triangle we expect it to
touch previous lows of 1.18600
OUR POSITIONS:
Buy Stop @: 1.19500
Buy Stop TP @: 1.19700
Sell Stop @: 1.19
Sell Stop TP @: 1.18800
link to previous analysis below
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
RECAP:
In our previous analysis the pair was trading at 1.19220
We expected the pair to be bullish and test resistance @ 1.19500
The pair did so & broke above resistance @ 1.19500 triggering our Buy Stop
@ 1.19500 but was limited to 1.19670 before it could hit our TP @ 1.19700
signaling weakness in the bulls & also reversal being confirmed on a bearish
harmonic on the 30M chart which we capitalized on.
Our buy order is still open.
WHAT TO EXPECT:
Currently @ 1.19240
The pair is currently range bound between 1.19400 & 1.19100
We are bullish on the pair
If the pair breaks above the descending channel & resistance @ 1.19500
we expect it to try & test last weeks high of 1.19918 & attempt to reach 1.20
On the other hand if the pair breaks below the triangle we expect it to
touch previous lows of 1.18600
OUR POSITIONS:
Buy Stop @: 1.19500
Buy Stop TP @: 1.19700
Sell Stop @: 1.19
Sell Stop TP @: 1.18800
link to previous analysis below
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.