EURUSD Support and resistance 160919 (Might be happening now)

Price has previously risen to the point we would have liked. Pin bar noticed on the daily.

Waiting for bearishness to show up at 4 hourly for a short trade.

*Note that there's some resistance immediately in the zone below. Let's see if price can clear that. If it does then we couldl head towards TP at the black line (zone).

Commentaire:

Currently stalled after encountering the fib61.8 retrace.

Watch out for previous 'double bottom' formed at 1.094 region. Strong buying occurred twice at this key level.

*Manage TS/TP if structure/candles becomes bullish.
SL moved to BE for the night.

Trade fermée manuellement:

Closed at BE.