My basic Daily chart analysis on the EUR.USD
I will be looking to take this pair long into next week targeting 1.0750 if it meets my rules to do so.
I will update this chart on multiple timeframes to give a better insight into what i am watching.
I will be looking to take this pair long into next week targeting 1.0750 if it meets my rules to do so.
I will update this chart on multiple timeframes to give a better insight into what i am watching.
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Daily pattern outlook.
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Monthly pattern outlook.
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4hr outlook as we run into minor resistance.
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This is a great example of analysis playing out as expected, however we never got an entry to take this pair long.
Sticking to your rules is always more important than quick profits.
Sticking to your rules is always more important than quick profits.
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Price now at 1.0750
I am unsure if we will see a reversal or a continuation, time will tell towards the end of the week.
I am unsure if we will see a reversal or a continuation, time will tell towards the end of the week.
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1hr outlook.
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1.0900 looking like a level where we will see resistance.
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I am now awaiting a reversal setup on the Daily, 4hr and 1hr TF's to take this pair short.
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What i am looking for next.
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A break on the daily TF.
Pullback which will conform with the current 1hr chart setup.
Looking to take this pair long into this evening.
Pullback which will conform with the current 1hr chart setup.
Looking to take this pair long into this evening.
