ForecastCity

💡Don't miss the great buy opportunity in EDOUSD

Long
BITFINEX:EDOUSD   Eidoo / Dollar
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.3875).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. Eidoo/Dollar 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 57.

Take Profits:
TP1= @ 0.4545
TP2= @ 0.4927
TP3= @ 0.5463
TP4= @ 0.6287
TP5= @ 0.7226

SL= Break below S2

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ForecastCity English Support Team ❤️
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Comments

Another good analysis with a nice charting. Thanks bro for sharing your ideas
+3 Reply
ForecastCity yusufipek1989
@yusufipek1989, You're very welcome!
Reply
ForecastCity yusufipek1989
@yusufipek1989, We hope you get the most out of it.🌹
Reply
Looks great. Good job my friends.
+2 Reply
ForecastCity davidgolandak
@davidgolandak, Thank you for your comment. We appreciate it 🌹
Reply
charting was good but your forecast didn't work for now
+1 Reply
ForecastCity Best_Forecast
@Best_Forecast, Thanks for your comment. Please visit our website and read about the trading strategy used on this idea.
Reply
I'm a bit careful about USD cuz political changes. Thanks
+1 Reply
ForecastCity Kristalyn
@Kristalyn, Good point. The White House will have a new tenant in the next few days. But, It's just a "Technical Analysis"

Thank you for your comment. We appreciate it 🌹
Reply
Just a quick look at your ideas is enough. I don't need to spend days monitoring the price.
+1 Reply
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