EURUSD hit yesterday 1.0500, a price we last saw 13 months ago on October 13th 2023.
That is the bottom of the Rectangle pattern and it is technically a rare buy opportunity.
Additionally, it appears to be repeating the bearish wave of July - September 2023, which bottomed on step 4 and rebounded above the 0.618 Fibonacci extension.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.09235 (Fibonacci 0.618).
Tips:
1. The RSI (1d) is on a Rising Support, thus a Bullish Divergence. That is an additional buy signal.
Please like, follow and comment!!
Notes:
Past trading plan:
That is the bottom of the Rectangle pattern and it is technically a rare buy opportunity.
Additionally, it appears to be repeating the bearish wave of July - September 2023, which bottomed on step 4 and rebounded above the 0.618 Fibonacci extension.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.09235 (Fibonacci 0.618).
Tips:
1. The RSI (1d) is on a Rising Support, thus a Bullish Divergence. That is an additional buy signal.
Please like, follow and comment!!
Notes:
Past trading plan:
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Also doing account management, earn +15% monthly profit!
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.