KaltoireCapital

Counter-trend buy set-up, key S/R levels, +158 pips potential

Pembelian
FX:EURUSD   Euro / Dollar AS
Hello traders, EUR/USD fell heavily post the release of CPI data from the US last week. While I anticipated EUR/USD to fall to the 1.0740 zone, I did not expect it to break the horizontal support level.

Currently, EUR/USD is at the lower trend line of the broadening wedge pattern. While the price action does not look bullish yet, I am still considering at buy entry for EUR/USD.

If price does not break the 1.0620 zone, I would consider buying EUR/USD@1.0630-1.0650
with Stop loss below the lower trend line and TPs at 1.0720 and 1.08 respectively.
Trade aktif:
Bought@1.0650
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.