EURUSD: Watch for a Buy Setup at Current Level

FX:EURUSD   欧元/美元
1204 9
After our yesterday's successful sell trade in EURUSD (link below) we may have another nice opportunity at this market, with price testing a key support zone created by previous structure and the sliding parallel of the descending channel which prviously acted as resistance. In addition we may clearly see a completed reverse head and shoulders pattern. Watch for a buy setup and go long with EURUSD
评论: Price reached the upper parallel of the channel. In case it breaks above it there is a high probability to reach our initial target zone
评论: News gave us the last move of this setup. Those who identified a setup a the buy zone booked a very nice trade ;) Well done
Thanks FX pro. Do you think it will still go up?
Fxprotrader Vincesil
@Vincesil, You are welcome mate.. Actually no..! I believeit will sell off next week.. I will post a chart in the weekend to show my analysis.. So stay tuned ;)
Vincesil Fxprotrader
@Fxprotrader, Thank you. I will stay tuned.
Do you still think is going to reach the target?
Fxprotrader Vincesil
@Vincesil, Yes.. It pretty obvious now that after breaking above the resistnace price is now in a correction. Most likely we are going to have another move to the upside.
Nice one!
Fxprotrader Weli_Fernando
@Weli_Fernando, Thank you :)
Thank you. Your analysis is neat and reasonable
Fxprotrader sth5desldr
@sth5desldr, You are welcome ;)
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