EURUSD: Overall, bullish...need more reasons?
Updated
Analysis on chart. I'll be looking to capture the low, expecting it to get me early on in the rally that will ensue once USOIL breaks out of the contracting triangle, and the Euro Stoxx retracement ends.
It's not yet confirmed, but I think that we will see the move in question start after NFP.
Rgmov is showing interesting bullish strength, hidden amidst the apparently chaotic chart.
Since we're mostly range bound, the logical thing to do is to fade extremes, this just happens to lead into a great trend continuation play, if my analysis is correct.
Do your due diligence and only trade this with a strategy in mind. Mine won't trigger until EURUSD drops some more, so for now I'm short.
I'll keep my followers up to date with the latest trade management cues and intermarket analysis via my Collective2 signals page, link is in my profile.
Good luck,
Ivan.
It's not yet confirmed, but I think that we will see the move in question start after NFP.
Rgmov is showing interesting bullish strength, hidden amidst the apparently chaotic chart.
Since we're mostly range bound, the logical thing to do is to fade extremes, this just happens to lead into a great trend continuation play, if my analysis is correct.
Do your due diligence and only trade this with a strategy in mind. Mine won't trigger until EURUSD drops some more, so for now I'm short.
I'll keep my followers up to date with the latest trade management cues and intermarket analysis via my Collective2 signals page, link is in my profile.
Good luck,
Ivan.
Trade active
See upated idea. ("Big trade I've been awaiting")
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