Disclaimer:- Educational Analysis says Eur/USD may go long according my technicals.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why Long?
Because the 4 hr trendline(backline) is been respected thrice and 15 min trendline(Pink Line) is been respected twice. This may get the touch and skyrocket from 15 min trendline and there is minor support where buyers are waiting to push the market higher at the currency pair value.
For Additional Confirmation on this trade. you may go for 15 min tf and there will be one black downtrend line which may get break and the market may push higher from that.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why Long?
Because the 4 hr trendline(backline) is been respected thrice and 15 min trendline(Pink Line) is been respected twice. This may get the touch and skyrocket from 15 min trendline and there is minor support where buyers are waiting to push the market higher at the currency pair value.
For Additional Confirmation on this trade. you may go for 15 min tf and there will be one black downtrend line which may get break and the market may push higher from that.
Trade closed manually
BAGGED IN 80% PROFITS, RE-ENTERED HAD 100% PROFITS
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.