롱

EURUSD Daily Chart: Market Ripe for Correction?

업데이트됨

Pair seems accumulating for at least a correction (completing the H&S in the 61.8% region) of the leg from mid April to end of May.

액티브 트레이드

Long @1.15774

노트

Stop @ BE

노트

After being stopped at BE, reentered at 1.15573, with the range's support region in play, with SL under the low of 1.15078. Watching momentum on lower time frames though, in order to anticipate earlier a possible break of the range support.

노트

Stop @ BE. The present move risks to be corrective, as the previous trend line support could become now resistance. Failing to push back over trend line, will likely lead to further bearish development into the 1.13s.