EURUSD Daily Analysis
W - Bullish, price has been in a very long uptrend and has formed a double top, and is at the neckline.
D - Bearish, lower lows and lower highs, however price is at a very major resistance.
4 - Bearish, price made a very strong retracement after the support, I will be looking to see if this is the start of a reversal.
1 - Bullish, price has found minor support at 1.1733
DXY - Neutral, price closed above the high but then fell hard. price is still in a bullish trend but the choppiness is difficult to determine if the break was more then a fake out
Scalping entries -
price has rejected 5 times off of the minor support at 1.1733 If another rejection candle is printed I will enter a long to the 1.176 area. if price breaks below on the retest I will enter a short going to 1.17 area.
D - Bearish, lower lows and lower highs, however price is at a very major resistance.
4 - Bearish, price made a very strong retracement after the support, I will be looking to see if this is the start of a reversal.
1 - Bullish, price has found minor support at 1.1733
DXY - Neutral, price closed above the high but then fell hard. price is still in a bullish trend but the choppiness is difficult to determine if the break was more then a fake out
Scalping entries -
price has rejected 5 times off of the minor support at 1.1733 If another rejection candle is printed I will enter a long to the 1.176 area. if price breaks below on the retest I will enter a short going to 1.17 area.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.