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Pair : EURUSD
Timeframe : Daily
Broker : FxCitizen
Trend : Downtrend
Analysis :
- Trend still bearish and downtrend.
- Price enter oversold level.
- Price rejected lower trendline 4 times already and touched upper trendline.
- Buy if price breakout upper trendline and resistance level 1.1740.
Trade Idea :
Signal | Stop Loss | Take Profit 1 | Take Profit 2 | |
Buy | 1.1620 | 1.1830 | 1.1920 | |
*Disclaimer
Before follow this analysis , please make your own analysis and compare with this analysis. Make sure you already have trading plan and money management calculation before enter position. Always consider how much risk and reward according your invested capital. We not responsible for any loss and damage. Trade at your own risk.
Before follow this analysis , please make your own analysis and compare with this analysis. Make sure you already have trading plan and money management calculation before enter position. Always consider how much risk and reward according your invested capital. We not responsible for any loss and damage. Trade at your own risk.
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