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Euro / U.S. Dollar
Long

EUR/USD Potential Bullish Move

243
A few qualifications for this trade are...

•Falling Wedge Pattern
•“Hidden” Divergence on the MACD.

If we start trading back above 1.0900 and the pivot zone, a target of 1.1150 (Median level) wouldn’t be unreasonable.

I'm going to keep an eye on long positions and see if we can begin trading higher.
InternalTraderNYC
•NYC Trader of 15 Years in the markets

•Need Help Trading? internaltrader.com/helptrading
Also on:
Chart PatternseurusdlongeurusdoutlookeurusdtechnicalanalysisTechnical IndicatorsmacddivergenceTrend Analysiswedgepatterns

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.
Chart PatternseurusdlongeurusdoutlookeurusdtechnicalanalysisTechnical IndicatorsmacddivergenceTrend Analysiswedgepatterns
InternalTraderNYC
•NYC Trader of 15 Years in the markets

•Need Help Trading? internaltrader.com/helptrading
Also on:

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.