EURUSD: Intraday long or daily swing long setup
Updated
EURUSD has given us a bullish signal, both in the 1h and daily charts.
The monthly chart remains bearish, so we might face resistance above.
Go long at market, risk a drop under 1.09976 for intraday traders, or under 1.09635 for swing positions.
Good luck,
Ivan Labrie.
The monthly chart remains bearish, so we might face resistance above.
Go long at market, risk a drop under 1.09976 for intraday traders, or under 1.09635 for swing positions.
Good luck,
Ivan Labrie.
Note
See new publication, I'm long again from 1.10071, stop 1.09635.There's an intraday opportunity as well, with stop at 1.09975 (see post)
Weekly trend is up, and we're coming back up from oversold.
Monthly is potentially down, so, I'll try to short the top.
Note
Move the EURUSD stop to 1.099Note
(daily)Note
Move the EURUSD stop up to 1.09991Trade closed: stop reached
The move shouldn't be instantly retraced, for longs to be safe. Scratch EURUSD long for now. Loss was 0.17% on the daily trade.
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