EURSD Long. RR 1 : 1.5
Updated
EURUSD Daily candle closed bullish last Friday rebounding away from EMA21, expecting some further upside.
Reason :
- Strong support area on 1.0850.
- Weekly Candle rejection from below.
- Potential to reach next resistance points :
Entry point Long : 1.0900-10 area ; TP1 : 1.0985, TP2 : 1.1050 ; SL around 1.08400 area
Risk Reward 1:1.5
Always remember to trade with stop-loss, market is crazy & cunning*
Reason :
- Strong support area on 1.0850.
- Weekly Candle rejection from below.
- Potential to reach next resistance points :
Entry point Long : 1.0900-10 area ; TP1 : 1.0985, TP2 : 1.1050 ; SL around 1.08400 area
Risk Reward 1:1.5
Always remember to trade with stop-loss, market is crazy & cunning*
Comment
TP1 : 1.0985 hit if you entered the trade. What a Monday market !Very strong bullish candle formed for H4 & D1, potential going for next target 1.1030 first.
Trade closed: target reached
TP : 1.1030 hit , TP2 consider hit as EURUSD hit today's high at 1.1049 ! Happy pipping for those who entered this trade !
Comment
Do not SELL this pair, strong bullish upside! TP3: 1.1130 areaComment
TP3: 1.1130 hit !Comment
Resistance has became Support now, becareful not to SELL this pair.Comment
EURUSD hit 1.1200 on Friday closing, achieving the most bullish weekly candle closing ever since a year ago. I am still bullish bias on this pair, let's see next week price action.
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