SamKent

Keeping thing simple with EUR/USD trend following

Short
FX:EURUSD   Euro / US-Dollar
1
While the trend in the EUR/USD remains intact, the current outlook on the 4hour looks bullish, with a significant bullish divergence on the RSI. This should be an opportunity to look for a point in which the trend may continue. Currently, we're looking at the 50% retracement of the previous impulsive down-move as a good candidate. We're looking for resistance from the flat upper kumo, coupled with the 100 SMA, and slow stochastic nearing overbought levels. If things allign, we'd be looking for the 1.214 handle as our main target, this would complete an ABCD pattern. Like most trend trading plans, we should have very good r&r on our trade.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.