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.

Technical Analysis:

H4 – Triangle

 

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.

 

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.

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