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  1. #1
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    Clear Buy Momentum of EUR/USD!

    Hello Forum members, what’s going on? Hope, all of you are enjoying your trading! By the way, last week was very historical for EUR/USD trading pair! Buyers broken clear weekly resistant (1.1460) level quite confidently! In addition, on H1 you may identify a clear retrace pattern, so maybe there is no chance for the sellers! Our next target is 1.19320! All the best.


  2. #2
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    Quote Originally Posted by Steve nison View Post
    Hello Forum members, what’s going on? Hope, all of you are enjoying your trading! By the way, last week was very historical for EUR/USD trading pair! Buyers broken clear weekly resistant (1.1460) level quite confidently! In addition, on H1 you may identify a clear retrace pattern, so maybe there is no chance for the sellers! Our next target is 1.19320! All the best.

    Another good market review! By the way, I missed the buying opportunity! What’ll do I right now?

  3. #3
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    Quote Originally Posted by Jillur Rahman View Post
    Another good market review! By the way, I missed the buying opportunity! What’ll do I right now?
    Maybe on Monday we may see little temporary sell pressure! Maybe an intraday, we’ll get another rangy condition of market! So, you need to try open your buy trade with low price! Try to set your SL based on intraday market context.

  4. #4
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    Well, for me that was too unexpected! Even, tried to sell based on strong resistant level, but this time no chance! Although my trading strength is no PA, I am a news trader! But I know the value of support and resultant levels!

  5. #5
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    Quote Originally Posted by Steve nison View Post
    Hello Forum members, what’s going on? Hope, all of you are enjoying your trading! By the way, last week was very historical for EUR/USD trading pair! Buyers broken clear weekly resistant (1.1460) level quite confidently! In addition, on H1 you may identify a clear retrace pattern, so maybe there is no chance for the sellers! Our next target is 1.19320! All the best.

    My RSI trading indicator and divergence trading strategy confirmed me, now we are with overbuy condition! So, no logic for buy anymore! On Monday I’ll try to open a sell trade for a long time! Because, last 4 week we got 3 buy candle out of 4! So, now it’s time to market get back in.

  6. #6
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    I agree with your analysis! Buyers are so strong right now, so according to the market trend; we need to look for buy opportunity! Thanks again for sharing your opinion here! Have a good weekend.

  7. ARIONFORXtarder
 

 

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