Weekly Perspective (EURUSD)
Updated
Hey guys,
The previous idea we posted is the same but its a bit messy so decided to posted a new one.Any speculations on the EURUSD guys??? comment below.
The pair is inside a corrective structure and according the confluence of DXY the pair is about to rise and make a fresh higher high.There is a possibility that it might break the trend line and continue to rise.We do have a 200 to 250 pips trade on the upside but if you see a breakout you can either hold your position or you can close your trade based on your strategy.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
The previous idea we posted is the same but its a bit messy so decided to posted a new one.Any speculations on the EURUSD guys??? comment below.
The pair is inside a corrective structure and according the confluence of DXY the pair is about to rise and make a fresh higher high.There is a possibility that it might break the trend line and continue to rise.We do have a 200 to 250 pips trade on the upside but if you see a breakout you can either hold your position or you can close your trade based on your strategy.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
Comment
if you have a strategy and bought this pair from the bottom good- luck if not then wait for the break and a lower degree flag to enter. Comment
wait for the break & lower degree flag to enter.If it does not breaks we see more consolidation.Comment
Hey guys we have a complex correction,the opposite structure of DXY.we may see more consolidation before the move and that is good for the euro.We also have a rate hike of Dollar in the months end.Keep that in mind and secure your profits.Comment
hey guys we can still have that bigger correction Comment
we were looking to sell at the top but price didn't went that up we managed to sell at the previous high and are waiting for more confirmation.Comment
Hey Guys,You know whats happening with the dollar these days,we have a bigger corrective structure explained before and now we are waiting for the price action so we would watch the chart on monday and then trade.As of now we have a lower degree continuation pattern formation to the upside for a B wave correction i guess and have a one more drop downside before it start to go for that final move of 1.1450 to complete the bigger corrective structure of the bigger scenario.Goodluck.Comment
Trade closed: target reached
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