EURUSD Daily Chart: Market Ripe for Correction?
Pair
EURUSD
seems accumulating for at least a correction (completing the H&S in the 61.8% region) of the leg from mid April to end of May.
EURUSD
seems accumulating for at least a correction (completing the H&S in the 61.8% region) of the leg from mid April to end of May.
עסקה פעילה:
Long @1.15774
הערה:
Stop @ BE
הערה:
After being stopped at BE, reentered at 1.15573, with the range's support region in play, with SL under the low of 1.15078. Watching momentum on lower time frames though, in order to anticipate earlier a possible break of the range support.
הערה:
Stop @ BE. The present move risks to be corrective, as the previous trend line support could become now resistance. Failing to push back over trend line, will likely lead to further bearish development into the 1.13s.
הערה:
הערה: