HELLO ALL,
EURUSD, LOOK AT THIS POSSIBLE MOVE ON THE CHART. 1HR CHART LOOKS AS IF IT WANTS TO TOUCH THE TREND LINE BEFORE IT GOES HIGHER. 15 MIN CHART SHOWS A POSSIBLE H&S PATTERN. LOOK FOR PRICE ACTION TO THE 1.1110 AREA.
4HR CHART LOOKS AND HAS LOOKED OVER EXTENDED FOR A WHILE NOW. WE MIGHT HAVE A RETRACE LOWER TO THE .50 FIB AREA WHICH IS UNDER THE 1HR TREND LINE. THE MOVE MIGHT HAPPEN BEFORE FRIDAYS USA NEWS WHICH LOOKS TO BE EVEN MORE BEARISH THUS CAUSING EURO TO PUSH HIGHER.
KEEP AN EYE ON THE MOVES AND USE PROPER RISK MANAGMENT, GOOD LUCK TO ALL.
IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
EURUSD, LOOK AT THIS POSSIBLE MOVE ON THE CHART. 1HR CHART LOOKS AS IF IT WANTS TO TOUCH THE TREND LINE BEFORE IT GOES HIGHER. 15 MIN CHART SHOWS A POSSIBLE H&S PATTERN. LOOK FOR PRICE ACTION TO THE 1.1110 AREA.
4HR CHART LOOKS AND HAS LOOKED OVER EXTENDED FOR A WHILE NOW. WE MIGHT HAVE A RETRACE LOWER TO THE .50 FIB AREA WHICH IS UNDER THE 1HR TREND LINE. THE MOVE MIGHT HAPPEN BEFORE FRIDAYS USA NEWS WHICH LOOKS TO BE EVEN MORE BEARISH THUS CAUSING EURO TO PUSH HIGHER.
KEEP AN EYE ON THE MOVES AND USE PROPER RISK MANAGMENT, GOOD LUCK TO ALL.
IF YOU LIKE PLEASE GIVE A THUMBS UP AND ALSO COMMENT YOUR OPINIONS AND IDEAS, THANK YOU!
