Forex Market Analysis – Hexagonal is 97.99% profitable!
EURUSD intraday is bullish,BED( best entry decision) is 0610 initial target is 0622 secondary ( 89%) is 0632 third 94 is 0641 stop loss is an experimental issue ranging from 38 to 52 pips or it could be placed at secondary target.Our profitable targets ar averagely 30 pip , stop loss , third targets ar comparative and experimental ,no 2 traders ar the same, Forex is hypothetical, this information is for educational purpose , you must not use this info on live trading.
In Other View Point – EURUSD-Quo vadis?
Since beginnig of 2015 we clearly can see a huge sideways-tradingbox between 1,04-1,17. (the bearish flags body!) Last week the technical situation really looked bearish, we did break through the bottom edge of this box. Normally , such an event can be seen as a really strong selling Signal. all over you’ll read TPs at parity. but the other happened! we saw a giant bear trap, eurusd reentered the box. currently eurusd is trading in the neutral area once more. an anticyclical Long is thinkable at this Level (anticyclical longing Zone), because of the wonderful Chance-risk ratio with a stop close to below the box`s bottom edge and tps 1,09/1,17 (box-trade). Procyclical Traders should wait till we break again through the box`s edges. The dollar Index:Since 2014, we can see a big and strong upmove – a bullish flag was formed. The currency pair eurusd has a negative correlation to the dollar Index. The last weeks, we can see, that the dollar Index started to break out through the upside. (with prices > 100.5). The last resistance on his way up is the Level – 103.8 with TP at 111