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.
H4 – Triangle
If the pair finds support on the up trend line, and breaks above the down trend line I will go long.
Aim 1.1430 as first target and let the other part run until opposite divergence has formed.
Advertisement
US weekly jobless claims highest in more than eight months. The number of Americans filing…
Hi Traders! EURCHF technical analysis and short term forecast post is here. We do our…
Hi Traders! AUDCAD short term forecast update and follow up is here. On March 19th…
Hi Traders! GBPUSD short term forecast and technical analysis post is here. We do our…
Hi Traders! EURNZD short term forecast update and follow up is here. On May 1st,…
Hi Traders! Silver short-term forecast and technical analysis is here. We do our analysis on…