EUR/USD Upside Push - Broad Recap - Simple - Scalping Idea
Good Evening Traders,
Today we have been keeping our trading simple with Technical Analysis. There is as perfect formation of the Head and Shoulders pattern on the 4HR chart for EUR/USD.
Please refer to my marked charted, which should coincide with my previous posts and analysis.
Check out the current shoulder on the 4HR chart for a quick scalping idea. You could take buys at 1.13270 and 1.12800. These are recommended buys on pivot points. Pivots off of established resistance levels.
My prognosis: Heavy Pullbacks will happen in order to wash traders and buyers out. This will create lower prices for the sellers to buy at. They will revers their position to the upside. The technicals on this pair is supported by the fundamentals. This is an upside push. Leave room in your accounts at the recommended buy points for pullbacks. Give yourself a cushion. Reversal will happen but don't panic. Mark your charts and follow your rules.
Chart Reference:
4HR Chart
15 Minute
Trade well!,
Dario
Today we have been keeping our trading simple with Technical Analysis. There is as perfect formation of the Head and Shoulders pattern on the 4HR chart for EUR/USD.
Please refer to my marked charted, which should coincide with my previous posts and analysis.
Check out the current shoulder on the 4HR chart for a quick scalping idea. You could take buys at 1.13270 and 1.12800. These are recommended buys on pivot points. Pivots off of established resistance levels.
My prognosis: Heavy Pullbacks will happen in order to wash traders and buyers out. This will create lower prices for the sellers to buy at. They will revers their position to the upside. The technicals on this pair is supported by the fundamentals. This is an upside push. Leave room in your accounts at the recommended buy points for pullbacks. Give yourself a cushion. Reversal will happen but don't panic. Mark your charts and follow your rules.
Chart Reference:
4HR Chart
15 Minute
Trade well!,
Dario
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