BluetonaFX

BluetonaFX - EURUSD Morning Star Opportunity

BluetonaFX 已更新   
OANDA:EURUSD   歐元 / 美元
Hi Traders!

We have a morning star opportunity here on the EURUSD 1D chart. After the impulsive wave to the downside, the market has now found support around the 1.08336 level, and a morning star candle pattern has formed, confirming to us a potential pullback or reversal of the bearish trend.

We are now looking for a retracement wave upward; we have our first target at 1.10011 and a second target at 1.10566. This is a good risk-reward opportunity, as we are trading near a strong support level. That being said, we must exercise a bit of caution as we are still under our 20 EMA. Ideally, we are looking for a push to get back above the EMA, which will give us additional confirmation of a potential pullback or reversal.

Please remember to like, follow, and comment, as your support greatly helps.

Your support is greatly appreciated.

BluetonaFX
取消訂單:
Market continued to stay under our 20 EMA and with no bullish momentum, morning star candle and support 1.08336 was broken below.

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