EURUSD: Bullish as long as the 4H MA100 holds
The EURUSD pair saw a short term pull back to the 4H MA50 on Friday turning that time frame neutral (RSU = 50.420, MACD = 0.002, ADX = 38.536). As long as the 4H MA100 and the RSI's HL trendline hold, we will remain bullish and target the 1.5 Fibonacci extension and R2 (TP = 1.10350). The long term pattern remains a Channel Up.
We model those levels after the November 15th - 28th fractal which was on a similar RSI HL trendline.
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We model those levels after the November 15th - 28th fractal which was on a similar RSI HL trendline.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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