EURUSD chart analysis FX margin November 27th (Bitcoin Guide)

27 нояб. 2019 г.

Hello,


it’s BitcoinGuide.


If my analysis is helpful,

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Now let me begin EURUSD char analysis for November 27th






The link above is 30 minutes chart for XAUUSD Gold.


Yesterday, we saw both Long and Short strategies.


Each route for A and B showed short passages

And we saw a sudden change as it was on Tuesday.

It shortly touched the “sad face” line,
And had a rebound with a long tail.

(Every chart, it doesn’t matter with just a touch,
Breakout with “An additional candle” is meaningful.)


After, the wave changed from B to A.








Today I would like to analyze EUR USD 30minutes chart.


It is long position strategy, and I will make it simple.


In route A, the final long position entry point is 1.10074. And if it goes down with an additional candle, the strategy is changed to short position.


If it goes down below 1.10074, it would fall directly to the red supporting line.
If it goes along with route A, it would slowly go up.



*The green parallel supporting and resistance line is very importantwhen it comes to finding out the trend.


*If it goes down below the blue parallel supporting line of 4H chart(“Sad face” line), it would have a strong chance of fall. (Keep your position if it is a long tail)


*Above all, bearish trend seems strong, so please keep your eye on it well
And wait for the entry timing.



*As a whole, the direction is a bit ambiguous, so I chose an item where the trend could appear.





This is it for today.

Hope you have a restful day,

I will come back to you tomorrow.

Thank you.



(Translation help.
Jae Ho Shin.)