EURUSD Weekly:
• New lower high formed after rejection of descending trendline and closing as hanging man.
• Price is still trapped in an area of consolidation for 10th week.
EURUSD Daily:
• Price broke through descending trendline & 1.1427 area of resistance.
• Small bull trend with price forming slightly higher lows & higher highs.
• I do expect for price to push up once more to 1.1533 resistance to form one last higher high before possibly plummeting.
EURUSD 4hr:
• After breaking 1.1427 price is now on its way to possibly retesting 1.1427 as a level of support before we enter any long positions up to 1.1533.
Trade attivo:
from dotted support line
Trade chiuso manualmente:
+5pips spotted reversal
Trade attivo:
entered Again
Trade chiuso: obiettivo raggiunto:
take profit @ 1.15000