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Forex Trade Updates

EURUSD Buy Idea

By

Vladimir Ribakov

-

April 21, 2016

630

There is a potential buy setup forming in EURUSD. If the pair hold above the H4 trend line as shown in the picture below i will be looking for long entries.

Contents hide

1 Technical Analysis:
2 EURUSD BUY IDEA ENTRY:
3 Targets:

Technical Analysis:

H4 – Triangle

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EURUSD BUY IDEA ENTRY:

If the pair finds support on the up trend line, and breaks above the down trend line I will go long.

Targets:

Aim 1.1430 as first target and let the other part run until opposite divergence has formed.

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