Jakubaszek

#EURUSD Is the bullish train coming?

Long
Jakubaszek Updated   
FX:EURUSD   Euro / U.S. Dollar
I'm Looking for some bullish action here because We can see a nice squeeze which can create the second touch for a trend-line which would create an amazing Bullish channel.

Also if we look back, we can see that EURUSD was in bearish trend for some time but in 2015 Eurusd jumped into consolidation and when price was ready, it exploded to uptrend, so that's mean we are in the bullish market but for some months we are currently in bearish but I think this is just a correlation of this big mooove to the up-side and now price is creating the second touch.

-To confirm my idea I need a nice Green move in these 2 days to reach 1.12275 which would create a nice doji on the monthly chart and We could be pretty sure that's is a start for bullish action.

Let's see it. These 2 last days of April are very important.


Trade active:
Target reached.
We created a doji on the monthly chart so from now on we should see a nice bullish run for this pair...

trade = risk free
Trade active:
I'm adding buys at this point.
I will be adding buys to this, if the price will make new lows I will be looking for closing.
Comment:
Price is going against us for now, they try to take out every buyer before they go up.
I see a nice squeeze with big probability for double bot.
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