Hello traders, in my last week's EUR/USD update I advised buying
when the price was near 1.0550. That buy trade generated nearly
100 pips profit.
Currently, EUR/USD looks all set to reach the top of the price channel
at 1.0720. That area also happens to the 100-day EMA level on the daily
chart. So, it needs to be seen how price reacts if it reaches the 1.0720 level.
when the price was near 1.0550. That buy trade generated nearly
100 pips profit.
Currently, EUR/USD looks all set to reach the top of the price channel
at 1.0720. That area also happens to the 100-day EMA level on the daily
chart. So, it needs to be seen how price reacts if it reaches the 1.0720 level.
코멘트:
And as expected, EUR/USD continues to reach new highs
코멘트:
The resistance zone around 1.0675-1.07 seems to have stopped the rally for now
코멘트:
Bought a small lot at 1.0593
코멘트:
High volatility today and it is also the end of the month. Trade wisely.
코멘트:
Price is once again back to lower TL of the channel, this can also be interpreted as a bearish flag. So, be careful
코멘트:
I am considering adding a buy here
코멘트:
Last night's buy trade @1.0525 is now in 74 pips profit
코멘트:
Closed both positions@1.0720.
Profit : 195 Pips and 127 Pips respectively
Profit : 195 Pips and 127 Pips respectively
