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Eurusdbullish

EURUSD AnalysisOn the daily the market is currently above the 200 MA indicating its in a bullish market. You can see price recently mitigated the IC and straighter rocketed up, I'm 99% sure institutions are closing their sell positions(Which probably is the reason price broke outside the support and resistance zone). Before the move back within the two Support and resistance lines i believe price will drop back to the purple zone of demand to complete the right shoulder of the head and shoulders then continue on its way up. I will be entering on the pull back after price moves up after re-entering the purple support.
Long
by DumeFx
EurUsd bullish pushup - Looking at the daily, price has been bouncing off the weekly support at 1.07748 and ranging within a 250pip area - this range with slight downward pressure formed a triple bottom, inside the last bottom a smaller triple bottom was formed that helped push price up - then going down to the 4 hour chart a bullish divergence seems to be forming but need to wait on a 2nd candle which would not be lower than this previous 4 hour candle. Once that is formed i will make an entry with an SL right below the previous higher-low-candle..No entry before divergence is confirmed. - 1st target will be 1.10315, 2nd target will be 1.11349
by Loviss
EURUSD fakes out off 4-hour level, showing momentum to push high1. Price made a dip below the 1.077 level and quickly recovered above it. It trapped a lot of traders who treated this as a sell off and closed up above this level. 2. This second label is actually the second pull back. The initial pullback did not have a significant level. My entry proposal is based on this second pull back for a couple of reasons. i) Faster and slower moving averages have converged. We're seeing shorter term price acceleration with with the EMA-20 threatening to cross above the EMA-60. ii) Selling pressure has significantly weakened. If this current 1.0815 level holds up, we could potential see quite a push higher.
Long
by FinancialGamblR
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