Euro / Dollar Américain
Long
Mis à jour

EURUSD HEADING FOR DAILY TARGET

524
Good evening traders,

This week we expect a bullish momentum on EURUSD .

Our first target currently on EURUSD is teh daily target (1.0080). If price retraces to our entry, we would be buying EURUSD around 0.99579. If not, we will wait for the target to be accomplished and enter a potential sell around 1.0080 with the further confirmation.

Also notice how long it took for price to drop comparing to how quickly the price is rising. This suggests that large institutions and banks (Non commercials) are absorbing buys. The COT data also shows the long positions added by non commercials last week and the short positions reduced suggesting institutions and hedge funds are now buying EURUSD

We will update as price moves
Note
1:4 RR TP about to hit

Trade posted in the channel earlier today

snapshot
Note
TP Hit 1:4 RR

snapshot

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.