Should price action for the EURUSD remain inside the 1.2830 to 1.2870 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Posа ition @ 1.2850 Take Profit Zone: 1.3660 – 1.3700 Stop Loss Level: 1.2640 Should price action for the EURUSD breakout above 1.2870 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 1.3660 – 1....
Should price action for the EURUSD remain inside the 1.2900 to 1.2940 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.2920 Take Profit Zone: 1.3650 – 1.3690 Stop Loss Level: 1.2680 Should price action for the EURUSD breakout above 1.2940 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 1.3650 – 1....
Should price action for the EURUSD remain inside the 1.2930 to 1.2970 zone the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ 1.2950 Take Profit Zone: 1.3660 – 1.3700 Stop Loss Level: 1.2740 Should price action for the EURUSD breakout above 1.2970 the following trade set-up is recommended: Timeframe: D1 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 1.3660 – 1.3700 Stop...
Should price action for the EURUSD remain inside the 1.3120 to 1.3160 zone the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ 1.3130 Take Profit Zone: 1.3400 – 1.3440 Stop Loss Level: 1.3010 Should price action for the EURUSD breakout above 1.3160 the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 1.3400 – 1.3440 Stop...
The EURUSD has rallied for several sessions and formed a rising wedge formation while the most recent price action formed a bump and run formation which is soon to be reversed as the rise is not sustainable. The break-down should be as violent as the advance was. MACD has showed strong momentum, but ran out of steam as it topped out and could not confirm the latest advance. It does remain positive which makes this trade more risky. RSI has indicated a negative divergence as well as an overbought condition after it already broke...
