EURUSD BUY TRADE IDEA 26 04 2021
BUY EURUSD 1.2102
SL: 1.2072
TP1: 1.2122
TP2: 1.2142
TP3: 1.2162
*Trading conditions may differ between account types and brokers.
Author
Signal Analysis
Currency Pair: EURUSD
Timeframe: H1
Step 1 - Previous News: EUR: France and the eurozone in recovered into expansionary level, German ifo Business slight increase from previous, USD: Flash PMI data expanded at fastest pace, New Home Sales data highest level of new home sales
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down turing up
- Stochastic: H4 coming out from over bought
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, USD: -
Edited 29 Apr 2021, 11:38
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