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EURUSD, Prepare long entry
Euro / U.S. Dollar
Long
EURUSD, Prepare long entry
By Omhhh
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Updated
Jan 12, 2019
2
Jan 12, 2019
Personal Reference- I am not a professional trader.
Brilliant amount of structure supporting at the moment! Time your entry using smaller time frames.
Text Book Divergence, lower price point on chart, higher mark on both MACD (including flip switch to the bull side) and RSI.
EMA 28 and 50 about to cross to the positive.
If pivot holds, 80% chance of us hitting the median line (given appropriate time)
Thanks to
@AVASREADER
for publishing this long position. See their post at the following link.
https://www.tradingview.com/chart/EURUSD/J99rzmwc-Forex-EUR-USD-Trade-Pt-1/
Jan 12, 2019
Note
Hourly, Not a bad entry point, you can wait for confirmed breakout of triangle or for positive print on 4H
Uptrend line sustained from 02/01/19
RSI Double Bottomed
Histogram improving
Chart Patterns
Technical Indicators
Trend Analysis
Omhhh
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