Analysis of #EURUSD
Hi traders, today we will have a look at #EURUSD
looking at the chart you can see that last Friday the EURUSD broke to the outside with strong momentum after the NFP news, right now I still see the EURUSD continuing to the upside for that I still want to trade with the upside, and looking for buy opportunity.
I can look for trend continuation patterns like a flag, channels, or double bottoms at structure support as laid out on the chart.
I also can wait to see the market reaching out to the trend line resistance which is also at the structure resistance level and a key mart level of 1.07000, where I can look for a reversal pattern to sell near key market resistance 1.0700
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Hi traders, today we will have a look at #EURUSD
looking at the chart you can see that last Friday the EURUSD broke to the outside with strong momentum after the NFP news, right now I still see the EURUSD continuing to the upside for that I still want to trade with the upside, and looking for buy opportunity.
I can look for trend continuation patterns like a flag, channels, or double bottoms at structure support as laid out on the chart.
I also can wait to see the market reaching out to the trend line resistance which is also at the structure resistance level and a key mart level of 1.07000, where I can look for a reversal pattern to sell near key market resistance 1.0700
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
