Quadricolor
Long

Bullish EURUSD daily chart with Gann squares, nearing resistance

FX:EURUSD   Euro / U.S. Dollar
This is a follow on from a previous idea here:. The price is nearing support areas so I have now identifies entry points. I have outlined two profit taking opportunities. outlined on the chart.

The resistance is from the previous lows and Fibonacci retracements which line up with the Gann analysis.
Oct 07
Trade active: Price movement triggered buy orders.
Oct 09
Comment: I moved the Stop loss to the entry price to neutralise risk. Some potential for price to move lower again and find lower low, thus negating risk now.
Oct 27
Trade closed: stop reached: Trade fell back and hot neutralised stop at open position. There is potential to open a short trade to the secondary Gann support area shown on the graph of the first idea, I will investigate further.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out