EURUSD is trading inside a Channel Up pattern that is supported by the MA50 (4h).
Following a Golden Cross, this trend is expected to continue to a Higher High.
Trading Plan:
1. Buy as long as the MA50 (4h) holds.
2. Buy again if Target 1 is hit and the price pulls back to the MA50 (4h).
Targets:
1. 1.09300 (Resistance 1).
2. 1.10325 (Resistance 2).
Tips:
1. The RSI (4h) is on a Rising Support for a whole month. Strong indication of a bullish trend.
2. The Golden Cross is on a symmetry with February's Death Cross. Strong indication that the Resistance (2) gap will be filled.
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Notes:
This is a continuation of this trading plan:
Following a Golden Cross, this trend is expected to continue to a Higher High.
Trading Plan:
1. Buy as long as the MA50 (4h) holds.
2. Buy again if Target 1 is hit and the price pulls back to the MA50 (4h).
Targets:
1. 1.09300 (Resistance 1).
2. 1.10325 (Resistance 2).
Tips:
1. The RSI (4h) is on a Rising Support for a whole month. Strong indication of a bullish trend.
2. The Golden Cross is on a symmetry with February's Death Cross. Strong indication that the Resistance (2) gap will be filled.
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
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