Alexander_Amon

The fall happened, now look for Long on EURUSD

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Alexander_Amon Uppdaterad   
OANDA:EURUSD   Euro / USA-dollar
My last ideas predicted the fall as it happened on Friday. We saw a nice rejection so that the price was able to close above the trendline. I see that EU will get rejected at around 1.1067 to retest the trendline again.
When the retest happens and we see a bullish switch in EU we go long for our target of 1.113. A confirmation of such a switch from short to long usually happens on lower timeframes, Candlestick patterns, W formations, ...
Kommentera:
We are at 1.1067 let's see what will happen
Kommentera:
I scalp a sell to around 1.1055
Kommentera:
Tp 1.10610 instead 1.1055
Kommentera:
Sell worked good but I'm not satisfied with the bulls to go long...be patient.
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