EURUSD LONG SET UP 9/12
WEEKLY ANALYSIS
WE HAVE SEEN BULLISH WEEKLY CANDLE CLOSE ABOVE 1.2 RESISTANCE
HIGHER HIGHS ARE MADE, WE ARE IN AN UPTREND UNTIL BEARISH MOMENTUM WILL COME
DAILY ANALYSIS
HIGHER HIGHS WERE MADE WITH CONFIRMATION
61.8 CONFLUENCE
TL SUPPORT CONFLUENCE
FALSE HIGH POTENTIAL IS LOWER BECAUSE WE SAW DAILY CANDLE CONFIRMATION
TARGET IS NEXT ABOVE WEEKLY RESISTANCE OF 1.215
1.195 IS SHOWING STRONG SUPPORT SIGNS
WE HAVE SEEN BULLISH WEEKLY CANDLE CLOSE ABOVE 1.2 RESISTANCE
HIGHER HIGHS ARE MADE, WE ARE IN AN UPTREND UNTIL BEARISH MOMENTUM WILL COME
DAILY ANALYSIS
HIGHER HIGHS WERE MADE WITH CONFIRMATION
61.8 CONFLUENCE
TL SUPPORT CONFLUENCE
FALSE HIGH POTENTIAL IS LOWER BECAUSE WE SAW DAILY CANDLE CONFIRMATION
TARGET IS NEXT ABOVE WEEKLY RESISTANCE OF 1.215
1.195 IS SHOWING STRONG SUPPORT SIGNS
Note
EURUSD managed to retrace down even further breaking below 1.19 before finding support @ 1.185Note
This is showing a great risk to reward set up if 1.185 will hold up as a strong support in the future. We could be looking @ a higher low set up. I am expecting EURUSD to make new highs in the future
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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.