A continuation pattern is setting up for the Euro Currency (EURUSD) as we head into the start of the week. The bias remains to the buy side with the Daily Pivot Range well below our current level. Mixed in with the DPR is the 3 Day and 6 Day Rolling Pivot Ranges which is a good Pivot Stack support level. The Daily Pivot Moving Averages are turned upward and steep...
Trading idea and analyze from trader Nika Lekishvili
With major elections in 2017 looming in numerous EU countries in 2017, and with GB struggling with BRIXIT, suggests weakening euro uncertainty.
This is a quick trade. I anticipate it should hit soon. Profit target not far away, but since I feel it's a high probability setup, I suggest jumping in anyway. I'm a set and forget trader, but in this market, I'll do a confirmation entry. The only downside to confirmation is that you may miss out on the opportunity. My personal strategy, if price trades from the...