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InternalTraderNYC

EUR/USD Potential Bullish Move

Long
Euro / U.S. Dollar (FX:EURUSD)  
InternalTraderNYC  
FX:EURUSD   Euro / U.S. Dollar
Chart Patterns Technical Indicators Trend Analysis eurusdlong eurusdoutlook eurusdtechnicalanalysis wedgepatterns macddivergence
13
2
chartpattern indicator trendanalysis eurusdlong eurusdoutlook eurusdtechnicalanalysis wedgepatterns macddivergence
A few qualifications for this trade are...

•Falling Wedge Pattern
•“Hidden” Divergence on the MACD.

If we start trading back above 1.0900 and the pivot zone, a target of 1.1150 (Median level) wouldn’t be unreasonable.

I'm going to keep an eye on long positions and see if we can begin trading higher.
•NYC Trader with 15 Years of Trading Experience

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