Hello Everyone,
The currency pair (EURUSD) has been on a (bearish) trend since (March 20th -21st). Considering the present PA at Support Level 1, there is a plausible opportunity to believe that the pair will be in an uptrend (or consolidation) within the next few days. Wait for further price confirmation. The PA has broken numerous consolidation levels to further progress downwards (March 25th -26th, March 28th - April 1st).
Resistance Level 1 - (1.13915 - 1.13945) 30 pip interval
Support Level 1 - (1.11890 - 1.11920) 30 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Diligent and Stick To Your Trading Plan)***
-LionGate
The currency pair (EURUSD) has been on a (bearish) trend since (March 20th -21st). Considering the present PA at Support Level 1, there is a plausible opportunity to believe that the pair will be in an uptrend (or consolidation) within the next few days. Wait for further price confirmation. The PA has broken numerous consolidation levels to further progress downwards (March 25th -26th, March 28th - April 1st).
Resistance Level 1 - (1.13915 - 1.13945) 30 pip interval
Support Level 1 - (1.11890 - 1.11920) 30 pip interval
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Diligent and Stick To Your Trading Plan)***
-LionGate
Comment:
TP Profits - If You Were Long (bull) Position at Support Level 1. Await Further Confirmation For Another Long (Bull) Position.
(Further Analysis and Patience Prior To 2nd Entry)
Pips Earned -(15 - 25)
-LionGate
(Further Analysis and Patience Prior To 2nd Entry)
Pips Earned -(15 - 25)
-LionGate
Comment:
Contested PA Levels - (1.12450 - 1.12475). Further Consolidation and Trading Action is taking place at this moment in time. (Can Be False Breakout)
2nd Entry Position (Bullish) - (1.12545 - 1.12560) 15 pip interval
2nd Entry Position (Bearish) (Correction) - (1.12400 - 1.12425) 25 pip interval
-LionGate
2nd Entry Position (Bullish) - (1.12545 - 1.12560) 15 pip interval
2nd Entry Position (Bearish) (Correction) - (1.12400 - 1.12425) 25 pip interval
-LionGate
-LionGate