Currency Pair: EUR.USD Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Short
Live EUR.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity. Should my daily predicted direction be incorrect no trade opportunity will be generated.
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Although price has already begun it's bearish run, i am still looking for a pullback that validates a trade opportunity.
It's not something i disclose on these setups as they are reserved.
rovertrader
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@tomhall, Thanks for the response. I sent you a PM with respect to my subscription to your signals service at the website on your profile. Your timely feedback will be much appreciated.
UnknownUnicorn180388
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@rovertrader, Thank you for the message, i have over 70 today so working through them as quick as possible, will be in touch very soon :-)
pinfkloyd
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Euro met with huge wave of optimism, in long term we have just bounced from support at 1,156. I expect further grow unless German economy slows ;)
I appreciate Your work, this was suprising to me when I saw this TA for the first time.
UnknownUnicorn180388
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@pinfkloyd, I agree, should price break & close above 1.2050 i feel price will retest historical descending trendline resistance around 1.2200
pinfkloyd
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@tomhall, good point, trend angle is pretty narrow.