WHAT we Can see from the CHART??!
1st- IN D1CHART Price Retest From 1.17492 and Showing US a BULLISH movement towards next Resistance wch is at 1.19055.
2nd- another view is that, Price is ABOVE 50MA and we can easily see its a Bullish Momentum right now.
3rd- As we can see price is already in Bullish then i have 2 assumptions, 1st is when market open price may directly Go up and touch the previous HH wch is at 1.19193 or may be further High at 1.20182. 2nd assumption is Price will go up until 1.19114 then go down and retest again from
1.17868 and go directly to 1.20182 Margin. So, im not going to go for a Buy option directly when market will open. It will betr for us to wait for the Margin where we should go for Buy option and if things go as Expected then price will surely come down again from 1.20182 and fall down to the previous Support Level.
4th- USD IS DOWN,DXY IS DOWN,GOLD IS UP BUT FOR HOW LONG NO ONE KNOWS. BUT FOR NOW IF GOLD IS BULLISH I CAN ASSUME THT EURUSD IS ALSO BULLISH.
THIS IS ONLY MY BIAS, NO SURETY or anything.
Trade WISELY, START THE WEEK FUNDAMENTALLY FIRST THEN!!
1st- IN D1CHART Price Retest From 1.17492 and Showing US a BULLISH movement towards next Resistance wch is at 1.19055.
2nd- another view is that, Price is ABOVE 50MA and we can easily see its a Bullish Momentum right now.
3rd- As we can see price is already in Bullish then i have 2 assumptions, 1st is when market open price may directly Go up and touch the previous HH wch is at 1.19193 or may be further High at 1.20182. 2nd assumption is Price will go up until 1.19114 then go down and retest again from
1.17868 and go directly to 1.20182 Margin. So, im not going to go for a Buy option directly when market will open. It will betr for us to wait for the Margin where we should go for Buy option and if things go as Expected then price will surely come down again from 1.20182 and fall down to the previous Support Level.
4th- USD IS DOWN,DXY IS DOWN,GOLD IS UP BUT FOR HOW LONG NO ONE KNOWS. BUT FOR NOW IF GOLD IS BULLISH I CAN ASSUME THT EURUSD IS ALSO BULLISH.
THIS IS ONLY MY BIAS, NO SURETY or anything.
Trade WISELY, START THE WEEK FUNDAMENTALLY FIRST THEN!!
