EURUSD Look for Buy Setups
Updated
EURUSD rallied and bounced exceptionally well over the past few weeks to complete what may seem is an expanding flat wave b. A decent bounce on and around 1.14400 should start seeing prices elevate north and thus create some buy opportunities. Trade safe, enjoy.
Note
EURUSD bounce at 1.1440 is in. Now a decent upside rally should make room for some new north bound entries. I see possible plays 1.15000 after a satisfactory 4 hour correction. All the best. Good luck.Note
One one decent corrective bounce to 1.1460 still to enhance confirmation of upside. Trade safe. enjoyNote
Pullback to 1.1460 still likely, if you are in from 1.1500, place trade to break-even and await a decline and bounce on 1.1460. A decent flag, should then call for more upside.Note
Something to ponder on for the coming trading week. Dollar bears will look to flex muscles for the next couple of weeks so buys on the EURUSD should be of primary focus. Trade safe, take care.Note
As usual, alternative possibilities should always be kept at hand. There's no room for naivety, blind trust, and unnecessary attachments to ideas. Trade safe.Note
An impulsive break below 1.1500 will see prices penetrate to the lows of 1.1350 so keeping such probabilities open requires proper trade management on open positions. Be a happy break-even trader.Note
Happy new week. If you are following me on this pair, well you are blessed.Today the EURUSD pushed north to further confirm upside bias. We are looking
for a continuation and break of the 1.16000 level. Thereafter a decent bounce down to 1.15700 should make room for new entries and further rally in this pair. All the best, take care.
Note
Good dayUpside on this pair has surely been confirmed, but we need one last leg down to complete what may seem like an expanded flat in a wave 2. The earlier alternative considered was a running flat with a bounce on 1.15700, of which price action developments now render highly unlikely given the strong rejection around 1.1600. We should now like to see decent developments downward to the 1.1500 for some ripe entries readying to 1.1800. All the best. Take care.
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