Eurusdbreakout
EURUSD 15min Balance AreaEURUSD has been in Consolidation this morning. I'm looking for a Break & Close out of the Balance Area in EITHER direction. The Break & Close is my Entry Trigger. Stops go 1 ATR Above/Below Breakout Bar. Targets are shown on the Chart. I'm not sure how much Momentum we will get on the EURUSD today with this being Thanksgiving Week here in the US and Momentum is what we need for Breakouts. So I'll continue to keep an eye on it
EURUSD : Wait for Box Breakout !!!Eur/usd Pair in H1 timeframe create a nice Box. If box breakout in upward we are going to take long position and if its break downword we are going to short position. That's mean If price break 1.13580 point we are going to open buy trade and if price break 1.12694 point we are going to open sell trade.
I think, price may break downward mode because 50 ema, 100 ema and 200 ema is above the price level and that's why eur/usd faced strong resistance in above.
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