{"id":10826,"date":"2020-12-02T10:48:52","date_gmt":"2020-12-02T10:48:52","guid":{"rendered":"https:\/\/tradingshot.com\/?p=10826"},"modified":"2023-05-02T10:51:49","modified_gmt":"2023-05-02T10:51:49","slug":"eurusd-bullish-set-up","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2020\/12\/02\/eurusd-bullish-set-up\/","title":{"rendered":"EURUSD Bullish set-up"},"content":{"rendered":"

 <\/p>\n

Last time I showed why EURUSD was bullish both on the 1D time-frame (targets were 1.1900 and 1.2000) but perhaps more importantly on the 1W time-frame where the post March 2020 price action resembles that of the 2017 rise:<\/p>\n

\"EURUSD<\/a><\/div>\n

Right now I focus on the 4H chart, where despite of the wider (rough) Ascending Triangle and its dominant Higher Highs trend-line, we have a Channel Up. With the 4H MA50 supporting since November 04, we have a buy entry, but the most interesting feature is the fact that if the price tops where it did today (the Higher Highs trend-line), then the current sequence may repeat the November 09 pull-back to the 4H MA50 and the 0.50 Fibonacci retracement level.<\/p>\n

This suggests that EURUSD isn’t bullish just on the long-term but on the medium-term also with a 1.2200 Target.<\/p>\n

** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **<\/strong><\/p>\n

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!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!<\/p>\n

\ud83c\udf89 \ud83d\udc4d Shout-out to TradingShot’s \ud83d\udcb0\u00a0top TradingView Coin donor<\/strong>\u00a0\ud83d\udcb0 this week ==>\u00a0TradingView<\/a><\/p>\n

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Tradingview link:<\/p>\n

https:\/\/www.tradingview.com\/chart\/EURUSD\/uxXGoLro-EURUSD-Bullish-set-up<\/a>\/<\/p>\n

<\/div>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

  Last time I showed why EURUSD was bullish both on the 1D time-frame (targets were 1.1900 and 1.2000) but perhaps more importantly on the 1W time-frame where the post March 2020 price action resembles that of the 2017 rise: Right now I focus on the 4H chart, where despite of the wider (rough) Ascending<\/p>\n","protected":false},"author":611,"featured_media":10827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-10826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=10826"}],"version-history":[{"count":3,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10826\/revisions"}],"predecessor-version":[{"id":10830,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10826\/revisions\/10830"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/10827"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=10826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=10826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=10826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}