Sylynt056

EUR/USD BUY

Long
Sylynt056 Updated   
FOREXCOM:EURUSD   Euro / U.S. Dollar
Generated buy signals and sell sigs for market taking incline added on from previous analysis, trade 2 starting at 1.09845, generates buy signal/w 15% decline, reversal then trend continue inclined after to tp2@1.10555

1.09845
IT: 1.10360 47%
DT: 1.09679 -15%
62%

IT: 1.10555 64%
DT:1.09599 -22%
87%

Expectations show trend incline with stagflation possible retracement expectations & continuation with breakout momentum at 62%
Comment:
economic sentiment confirming continuation also expecting JPIPYY to be (N/) expected industrial production to decline while EUR news expectaions to be better (+N/)
Comment:
58% (resistance/support) mark is first buy signal 45% (resistance/support) is second buy signal, signal chart currently sits at 56% mark, signal chart starting bull process expect more resistance to downside
Comment:
15M chart @44% /39% With indicators crossed above ma. market deciding path.....
Comment:
market @ 2nd support resistance -14% reached should see bull market + economic sentiment confirmation rate cuts to come... moderate growth for U.S. GDP/
Comment:
TP1 hit on 15m chart
Comment:
looking for continuation pending economic sentiment 2 hour trend expected to be bull stagflation wait for break

1.09845
IT: 1.10360 47%
DT: 1.09226 56%

.0313
Comment:
-56%
Comment:
stagflation thereafter target @1.09224. pending economic outlook. market looks to make correction (decline) for the exaggerated incline from 1.08154 to 1.09618. dxy is looking for a decline i think wont happen with the stagflation of eur expect dxy to go bullish

1.09211
IT: 1.09539 30%
DT:1.08920 -27%
56%

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