Below are my reasons for setting EUR/USD on a long trade
1. FROM THE INDICATOR+CHART ANALYSIS, I CAN SEE A BULLISH DIVERGENCE THERE, WHICH IS POINTING TO BULLISH RUN FROM EUR/USD SOON
*2. DYNAMIC SUPPORT AND RESISTANCE (EMAs) WE CAN SEE THE 10-PERIOD (BLACK COLOR) BECOMING DYNAMIC SUPPORT, AND ALSO THE PRICE IS MOVING CLOSER TO 20-PERIOD (BLUE COLOR) WHICH WILL TURN THE 20-PERIOD INTO DYNAMIC SUPPORT AS WELL WHICH ALL MEANS UPTREND
TRADE SETUP
*TRADE TYPE: SWING TRADE
*CALL: LONG
*ENTRY: STILL GOOD TO ENTER NOW
*T.P: 1.19430 (NEAR-RESISTANCE)
*S.P: 1.17520
*PIPS IN T.PROFIT: 1360 PIPS (FROM 1.18070 AS ENTRY PRICE)
*PIPS IN S.LOSS: 550 PIPS (FROM 1.18070 AS ENTRY PRICE)
*RISK-REWARD-RATIO: 1:2.5
Drop your thoughts on this, if you think as i do, or otherwise... Let's trade and win together. And don't forget to follow me, i will follow back as well.
交易進行
400 pips in profit, still moving... just updating y'all And also, 20-period EMA has also turned dynamic resistance now, so a close price above 1.189 will tends to add more momentum to the bullish movement