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Eurusdsignal

DeGRAM | EURUSD trend continuation opportunityEURUSD is gravitating toward major resistance and a psychological level at 1.1000 The market is trading in an ascending channel. Price action made a shallow pullback following the momentum bullish move, which is AB. Notice that the price has tested its support level and fibo cluster and rebounded from the level.  We expect a continuation of the trend. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
3
DeGRAM | EURUSD in consolidation EURUSD is consolidating after the pullback. The market is pulling back from resistance following a double top with divergence. Price action is most likely to continue consolidating since we have two doji candles on the daily timeframe.  A breakout of the daily candle will determine the future price action. We anticipate further consolidation. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
2
DeGRAM | EURUSD breakout expectation of significant resistanceEURUSD is testing strong resistance. The market is trading in the ascending channel. The market is making higher lows and equal highs, indicating bullish pressure. If price breaks and closes above the resistance, we'll expect a pullback to the broken resistance, which becomes a support. It's going to be a classic breakout pullback continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
6
DeGRAM | EURUSD trend continuation opportunityEURUSD rebounded from the resistance level following a double top with divergence. The market has been making slow, steady bullish moves. Probably it will break and close above the resistance. We anticipate a trend continuation trade opportunity if price pulls back to the confluence zone: fibo level and support level at 1.08500. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
2