EURUSD - October 2017 Trade Analysis
Timeframe: 1M
Expecting uptrend to continue toward 1.1910 - 1.2037 levels considering that 1.1744 - 1.1712 support levels hold.
Expect downtrend to begin as price falls below above support levels.
Firm break and hold of 1.1744 - 1.1712 levels will open path toward 1.1612 level.
In longterm, October, 2017 price range expected between 1.1900 - 1.1540 on average.
Closing price at end of month expected @ 1.1720 levels.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Timeframe: 1M
Expecting uptrend to continue toward 1.1910 - 1.2037 levels considering that 1.1744 - 1.1712 support levels hold.
Expect downtrend to begin as price falls below above support levels.
Firm break and hold of 1.1744 - 1.1712 levels will open path toward 1.1612 level.
In longterm, October, 2017 price range expected between 1.1900 - 1.1540 on average.
Closing price at end of month expected @ 1.1720 levels.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Note
SELL Entry Order placed @ 1.17024T/P @ 1.16206
Total Target = 81.8 pips
Note
Strong Resistance @ 1.1660 so watch closely. Firm break can lead to 1.1620 - 1.1612 levelsNote
1.1815 level. Only Break & Hold above can bring Reverse upward.Trade active
Note
T/P Target 1 @ 1.1663
Target 2 @ 1.1615
Ext. Target @ 1.1565
Note
Support @ 1.1712 has breached several times, giving me indication that bearish trend still strong for decline toward above T/P levels. - IMOTrade closed manually
T/P @ 1.16889 to start plan for NFP tradeTotal P/L = 13.5 PIPS
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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.
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.