Eur/Usd: Daily Market Trends Update 3/22/2018

in #forex7 years ago

Eur/Usd On 3/21/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Uptrend, Trend stop at 1H close 1.2283, Running Period: 26x1H
4H, Uptrend, Trend stop at 4H close 1.2256, Running Period: 3 x 4H
Daily, Downtrend, Trend stop at day close 1.2419, Running Period: 17 days

( Note: Those stops will change with hour close and price action)

Trading Strategy:

Currently 1H and 4H uptrend, daily downtrend. If you trade 1H trend, preference is to long as long as uptrend stop 1.2283 held at 1H close.

Support: S1 1.2307, S2 1.2275, S3 1.2227
Resistance: R1: 1.2367, R2 1.2397 , R3 1.2447

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