Euro/ U.S. Dollar: Technical Analysis and ECB meeting!!!
Hello traders, today Euro show a bull candlestick and we see a confirmation that Euro want to grow up, well, in H1 timeframe we see that the previously candlestick was a libelula doji and then, was the bull candlesticl of confirmation, that mean a long entry to find up pips to earn a lot. And also, we are into the confirmation of pull back in the bullish rising wedge.
And in H4 the structure is contiue bullish!!!
Well, my price entry was $1.1808 USD and my SL at 18 pips and the take profit is 140 pips, the risk/benefit relationship is near of 8, that mean what we get earning as Euro touch the objective that I find out.
Also, guys I reccomend when the market is volatil and touch the SL in the specualte news. As second option is to keep another second entry more below of the entry price when they say institutional's news, that order may be activated from long and then, that is in case the Euro is moving so volatil up and down so exagerated.
Now, basically, we believe that Euro is strongest and investor are keep in the European economy, if the thing is ok, the Euro it's could be to exploded to find out more higher's level.
Fundamentals Analysis taking in noticed it:
1. Lagarde has Euro-Fighting options from Rhetoric to rate cuts.
2. Euro turns positive, but expectations for dovish Europea Central Banks keeps traders on edge.
3. European Central Bank to take aim at strong Euro with hints of more stimulus.
So, in summary economist see the Euro as the single-currency as safe-haven assets, well as tjhe Euro is strong, I put in long!!!
And in H4 the structure is contiue bullish!!!
Well, my price entry was $1.1808 USD and my SL at 18 pips and the take profit is 140 pips, the risk/benefit relationship is near of 8, that mean what we get earning as Euro touch the objective that I find out.
Also, guys I reccomend when the market is volatil and touch the SL in the specualte news. As second option is to keep another second entry more below of the entry price when they say institutional's news, that order may be activated from long and then, that is in case the Euro is moving so volatil up and down so exagerated.
Now, basically, we believe that Euro is strongest and investor are keep in the European economy, if the thing is ok, the Euro it's could be to exploded to find out more higher's level.
Fundamentals Analysis taking in noticed it:
1. Lagarde has Euro-Fighting options from Rhetoric to rate cuts.
2. Euro turns positive, but expectations for dovish Europea Central Banks keeps traders on edge.
3. European Central Bank to take aim at strong Euro with hints of more stimulus.
So, in summary economist see the Euro as the single-currency as safe-haven assets, well as tjhe Euro is strong, I put in long!!!