EURUSD BULLISH TREND
EURUSD WEEKLY PERSPECTIVE
Price of eurusd seems to be on a bearish reversal, price is currently making hh(high low) and hl(high low) indicating buyers coming into the market on the 4hr tf(timeframe) trend line. if price continues and breaks bullish channel to continue bullish we will be aiming for 350 - 500 pips on this analysis whee 1.19559 is takeproft1 1.20297 takeprofit2, entry point(EP) region where we expect possible market reversal with our stoploss at 1.5900 giving a risk to rward of 1/3. we have two methods of entry, 1. entry at stated entrypoint 2. entry after price reverses and breaks bullish after breakout of channel. goodluck will keep you updated. Pivot levels R1- 1.1744 S1- 1.17281 R2- 1.17542 S2- 1.17224 R3- 1.17599 S3- 1.17122
Price of eurusd seems to be on a bearish reversal, price is currently making hh(high low) and hl(high low) indicating buyers coming into the market on the 4hr tf(timeframe) trend line. if price continues and breaks bullish channel to continue bullish we will be aiming for 350 - 500 pips on this analysis whee 1.19559 is takeproft1 1.20297 takeprofit2, entry point(EP) region where we expect possible market reversal with our stoploss at 1.5900 giving a risk to rward of 1/3. we have two methods of entry, 1. entry at stated entrypoint 2. entry after price reverses and breaks bullish after breakout of channel. goodluck will keep you updated. Pivot levels R1- 1.1744 S1- 1.17281 R2- 1.17542 S2- 1.17224 R3- 1.17599 S3- 1.17122
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