EURUSD long at the break of 1.2150 ( inverse head & shoulder).
Looking at the recent COT data, we re seeing a massive long positions added on EUR which technically we can see the price trading above 1.21 major level. Currently we are seeing bulls trying to break above the neckline which will give us an ideal long entry ONLY if the price rejecting the neckline.
_________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support
_________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support