Yesterday (tradingview.com/chart/EURUSD/ZgvSw6jI-EURUSD-20122023/), I said I am bullish EURUSD for a move higher. I gave two levels to go long from, 1.0950 and 1.0934 for a move higher.
1.0950 long gave a 20pips to top of PZ but it sold back down. 1.0934 also hit perfectly for yet another move for 40pips and it came back down again. It is not an upright on whether you will make money on this trade, depending on your trade management.
But overall, price is bounced off the BZ and moved 20 pips up. The down move also looked to be a bull flag. Thus I am of the opinion that if the BZ hold, look for a move higher (again it is a bearish price action with trend still up).
A possible dip again to the BZ at 1.0934 but look for a move to 1.0976 and 1.100.
1.0950 long gave a 20pips to top of PZ but it sold back down. 1.0934 also hit perfectly for yet another move for 40pips and it came back down again. It is not an upright on whether you will make money on this trade, depending on your trade management.
But overall, price is bounced off the BZ and moved 20 pips up. The down move also looked to be a bull flag. Thus I am of the opinion that if the BZ hold, look for a move higher (again it is a bearish price action with trend still up).
A possible dip again to the BZ at 1.0934 but look for a move to 1.0976 and 1.100.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.