EURUSD BUY TRADE IDEA 26 04 2021

#OPINIONLEADER#

BUY EURUSD 1.2102

SL: 1.2072

TP1: 1.2122

TP2: 1.2142

TP3: 1.2162

*Trading conditions may differ between account types and brokers.

LCMS Traders

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Signal Analysis

Currency Pair: EURUSD

Timeframe: H1

Step 1 - Previous News: EUR: France and the eurozone in recovered into expansionary level, German ifo Business slight increase from previous, USD: Flash PMI data expanded at fastest pace, New Home Sales data highest level of new home sales

Step 2 - Trend: Up, Trend Following

Step 3 - Support/Resistance: Moving Towards Resistance

Step 4 - Indicators

- Bollinger Bands: within

- MACD: both down turing up

- Stochastic: H4 coming out from over bought

- PSAR: bearish

Step 5 - Upcoming News: EUR: -, USD: -