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EURUSD AT DECISIVE SUPPORTEURUSD AT A DECISIVE SUPPORT EURUSD started creating a swing lower lows from failing to break a resistance point at 1.21776 price level. This gave about 3 swing lower lows and bounce back from a support price level at 1.20786. This had a bullish trend towards 1.21664 price level and fell back towards a decisive price zone. If it doesn't break it's previous downtrend at 1.20955 and we see and upward movement above 1.21168 open a short buy towards the Daily resistance. Further movement in a bullish movement would be towards it previous high 1.21664, although price would react at for a short move at 1.21555, if no breakout, price would continue it's upward movement. For More Information Contact RSTradeView via Facebook
by Richie-Structuretradeview
GBPUSD - Short First and then Long for more PIPS📍 10+ years experience in markets 📍Professional Stock market and Forex trader 📍 Supply/Demand Zones 📍 Frequent updates 📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks 📍Real time updates ⏳ 1 Day Chart analysis Looking to sell at 1.3483 Resistance located at 1.3483 Major Resistance located at 1.3515 Major falling trend is broken Although - the trend is bullish overall A correction is possible with plenty of room to move lowed without impacting the trend higher - ] Looking to sell at rallies KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account Tagged Short as I expect short first then long after confirmation 📒 Retracement to support area ± 1.3310 fresh demand zone ± 1.3483 fresh supply zone 📒 Analysis / Trade Setup / Long and then short ± GBPUSD 1 day chart ± Short-term Bearish # Long term-Bullish ± Support and Resistance in play ± Major Falling broken and heading toward resistance area ± Bullish trend reversal ± Testing to towards to support area is needed to confirm the bullish trend ± Go long for more pips ± HAPPY TRADING Short Target - 1.3310 Long Target - 1.36997
Short
by FOLLOW_PIPS