Date: 11/25/2016
Time: 21:00 GMT
Forex Pair/Commodity: EURUSD
Position: Long 1:1
Opportunity:
Weekly: triple bottoms at 1.0500
Daily: doji followed by bull engulfing, over extended run
4 Hour: break out resistance trend line and 20 EMA
1 Hour:break out of resistance trend line and 20 and 50 EMA, wait for retest and find support at R1 pivot and 0.382 fib retracement to go long for 1:1
Time: 21:00 GMT
Forex Pair/Commodity: EURUSD
Position: Long 1:1
Opportunity:
Weekly: triple bottoms at 1.0500
Daily: doji followed by bull engulfing, over extended run
4 Hour: break out resistance trend line and 20 EMA
1 Hour:break out of resistance trend line and 20 and 50 EMA, wait for retest and find support at R1 pivot and 0.382 fib retracement to go long for 1:1
Trade closed: target reached
Hit price 1.06267, 1% profit gained from a 1:1 reward/risk ratio. Will keep an eye on this pair for future bullish opportunities.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.