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theforexarmy
Jan 23, 2017 5:51 AM

EURUSD: Approaching profit target, remain bullish 做多

Euro Fx/U.S. DollarFXCM

描述

Buy above 1.0590. Stop loss at 1.0450. Take profit at 1.0850.

Reason for the trading strategy:
Price continues to rise perfectly towards our profit target. We remain bullish above 1.0590 support (Fibonacci retracement, recent swing low support) for a push up to 1.0850 (Fibonacci retracement, Fibonacci projection, horizontal overlap resistance).

RSI (34) is seeing a strong ascending support line holding price up.

Stochastic (21,5,3) is seeing a strong ascending support line pushing it up.
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