EUR/USD possible long
So, we bounced from 1.0807, and we might be seeing a new highs before going further down.
We see that lower side of the channel is supporting the uptrend. We also got a nice bullish moves previous week.
For the take profit point, I picked the 1.272 extension of Fibonacci.
MACD is also in a perfect position to continue uptrend, so we probably won't see a deeper retracement.
Update: should move the entry and SL 25 pips lower (due to weekly pivot point)
We see that lower side of the channel is supporting the uptrend. We also got a nice bullish moves previous week.
For the take profit point, I picked the 1.272 extension of Fibonacci.
MACD is also in a perfect position to continue uptrend, so we probably won't see a deeper retracement.
Update: should move the entry and SL 25 pips lower (due to weekly pivot point)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.