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TechnicalProsperityArt

EURUSD Potential Longs

Lång
Euro / USA-dollar (FX:EURUSD)  
TechnicalProsperityArt Uppdaterad   
FX:EURUSD   Euro / USA-dollar
fipforex foreverinprofit
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fipforex foreverinprofit
Demand Zone is heavily respected with structured support off the 38.2% Fibb. Also a double bottom confirmation with divergence.

NOBODY should be shorting this pair as of now if you are keep in mind you might be against the trend.

Trading is 90% Mental and 10% Technical. Traders must work on patience and believe in your own analysis.


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Price dropped pass support on the 38.2% Fibb making it a new found resistance. Price still remains inside a structured demand zone sitting on support. My bias on this pair is still long unless the demand zone is fully breached and becomes a solid supply zone. Also RSI shows Divergence indicating a possible bullish setup with a trend line assisting it for support.

Trading is simple remain patient and believe in your technical analysis.

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