ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor EUR/USD Long-Term Trend: Bullish
Key Resistance Levels: 1.13126, 1.13235, 1.13309
Key Support Levels: 1.12798, 1.12714, 1.12581
4-Hour Chart:
Long term, we are currently trading in a rising wedge. Within this wedge, we look to be chasing for support and the trend line below looks attractive for a bounce. Additionally, we have an Elliot wave count signalling a possible decline for a final 5th wave down.
EUR/USD Medium-Term Trend: Bearish
1-Hour Chart:
We have a resistance zone coming up and a long term support trend line below us set up. This looks like a recipe for a possible pullback and test of the trend line before we can possibly resume the longer term bullish trend
Signal Idea:
Sell Limit Order @ 1.13159
TP 1 @ 1.12900
TP 2 @ 1.12705
Stop Loss @ 1.13311
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The order is sell limit or buy limit?
Hi,
Kindly confirm the order shall be Sell Limit or Buy limit.
This should be ‘Sell Limit Order’
Sell limit?