Don't miss the great buy opportunity in EDOUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EDOUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 0.9900
TP2= @ 1.1500
TP3= @ 1.4200
TP4= @ 1.8000
SL= Break below S2
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Eidoousd
Don't miss the great buy opportunity in EDOUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.7900). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EDOUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.
Take Profits:
TP1= @ 0.9900
TP2= @ 1.1500
TP3= @ 1.4200
TP4= @ 1.8000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EDO Long August 2018So I noticed this one a few days ago and looked again last night and seen that it had hit the top of the curve, when I was looking last it was a flat bottom, in hindsight I should of bought!. I think over the next day or two this will give a buying opportunity to go long and make some nice gains, probably 40% plus.
Curving out of a downtrend
Building a trading range using the volume profile and trendline to get the center then a pitchfork with fibs, its 78, 61, 50 - 50, 61, 78
EDOUSD Target 5.9 - 6.72Ignore Time frame
I see the Ascending triangle with false breakdown
which forms the edge of the mug
Terms: few days - week