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UnknownUnicorn180388
16 Th04 2017 19:25

EUR.USD - Long Opportunity Giá lên

Euro Fx/U.S. DollarFXCM

Mô tả

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.

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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.

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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.

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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.

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AhmedMesbah
Couldn't agree more. Nice vision Tom
UnknownUnicorn180388
@AhmedMesbah, Thanks very much, i hope you have a great week.
AhmedMesbah
@tomhall, Likewise my friend!
EJSM
"Sticking to your rules is always more important than quick profits." #facts
UnknownUnicorn180388
@EJSM, 100% :-)
qureshi009
thats my idea lets see how the price reacts.
UnknownUnicorn180388
@qureshi009, Similar setup, I hope all goes well.
jaykusher
@tomhall, I sold at 1.07352 should I get out soon?
jaykusher
@jaykusher, it's dropping a bit
UnknownUnicorn180388
@jaykusher, It may find a little resistance from here.
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