IvanLabrie

EURUSD: Uptrend kicking off?

Long
IvanLabrie Mis à jour   
FX:EURUSD   Euro / Dollar Américain
I'm long $EURUSD from 1.16 give or take, and aiming to add once we break out from weekly resistance, which I think we will be tagging within 2 more days. There's a significant chance that the prevalent opinion that the dollar bottomed and that we are seeing a 'head and shoulders' top in the Euro are wrong, and all those shorts get squeezed to death. This would create a furious rally that could take us close to 1.3 during the course of 3 months give or take.
Stay safe, stay a contrarian...Best of luck!

Cheers,

Ivan Labrie.
Commentaire:
We hit the weekly mode on time, as I expected...now we need time to break up, so we will likely go sideways until it is doable.
Commentaire:
Now we should go sideways for a few days like I predicted.

Trade fermée manuellement:

I'm out for now, but watching closely.
Commentaire:

I bought back 2 days ago, adding gradually for 2 more days.

Clearly I was right with my initial asessment.
Commentaire:
Bought into strength here.
Commentaire:

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
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.