Lingrid | EURUSD potential LONG from SUPPORT level

30 juil. 2024

The price perfectly fulfilled my last idea. It hit the target level. EURUSD has broken through the previous week's low, creating an impulsive leg down but later it quickly rolled back and closed above it. On the 4H timeframe, we're seeing a divergence at support level. The price has fallen below range zone and may retest the middle of that zone and even move higher. I believe the market could pull back from the pschological level at 1.08000, especially if upcoming news is favorable. I anticipate that the price to move higher since we have long-tailed bar at support that showed a fake breakout. My goal is to resistance zone at 1.08900

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

3 août 2024

Trade fermée: cible de profit atteinte