intrading
The overall trend is up, so let's wait for the retracement to the up-trendline and try to buy. Follow this idea to see the updates or follow my page to see my analysis on other pairs.
It's going to be a re-test of the lower range line.
The market did its retracement in the form of simple correction, so let's wait for a clear break of a down trendline and then enter the market. Follow this idea to see the updates or follow my page to see my analysis on other pairs.
I think that flag on H4 is broken and it's a good time to buy. As this correction reaches only 38.2 of fibo retracement I think it will strongly move up. Follow this idea to see the updates or follow my page to see my analysis on other pairs.
Well, I see some buying preasure after NFP. It doesn't promise a big move up. Down channel is broken and I'm expecting the re-test of this channel. Follow this idea to see the updates or follow my page to see my analysis on other pairs.
The overall structure is bullish, so there is a retracement period after which I expect a strong move up. Follow this idea to see the updates or follow my page to see my analysis on other pairs.
So, euro can't chose the way it wants to go. Now I can see a sell setup here BUT I will put a "sell stop" order at the level 1.2280. Breaking of this level should trigger the price to fall. Follow this idea to see the updates or follow my page to see my analysis on other pairs.
I'd rather take the short side of this market now. See my previous analysis of this pair in the link below, so it went wrong and now we have an opportunity to sell. Follow this idea to see the updates or follow my page to see my analysis on other pairs.