A simple look un EURUSD
My first public chart here on TadingView!
This is a simple analysis using support and resistance levels and a trending line. The EMA is added to give some more data.
As we can see, de pair is currently on the bottom side off a triangle and getting squeezed between the EMA and the support zone. The levels (support, resistance and diagonal line) on the graph "speak per se".
As price action traders I think at this moment we should wait for good signals.
A move towards the resistance level (around 1.1252) shouldn't be a surprise next week. A close above the EMA can be a trigger for a long position.
Otherwise, if the price breaks the triangle to the downside AND break the support line we could see further selling (maybe after a initial re-test on the inverse side of the broken level / line).
This is a simple analysis using support and resistance levels and a trending line. The EMA is added to give some more data.
As we can see, de pair is currently on the bottom side off a triangle and getting squeezed between the EMA and the support zone. The levels (support, resistance and diagonal line) on the graph "speak per se".
As price action traders I think at this moment we should wait for good signals.
A move towards the resistance level (around 1.1252) shouldn't be a surprise next week. A close above the EMA can be a trigger for a long position.
Otherwise, if the price breaks the triangle to the downside AND break the support line we could see further selling (maybe after a initial re-test on the inverse side of the broken level / line).
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.