EURUSD buy trade idea 21 06 2021
BUY EURUSD 1.1878
SL: 1.1848
TP1: 1.1898
TP2: 1.1918
TP3: 1.1938
Signal Analysis by LCMS Traders
Currency Pair: EURUSD
BUY EURUSD 1.1878
Timeframe: H1
Step 1 - Previous News: EUR: -, USD: Last Friday FOMC member Bullard said that he expects the Fed to hike rate in late 2022
Step 2 - Trend: Down, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: EUR: ECB President Lagarde Speaks 2030hrs & 2215hrs, USD: FOMC Member Williams Speaks tomorrow 0300hrs
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.