My last ideas predicted the fall as it happened on Friday. We saw a nice rejection so that the price was able to close above the trendline. I see that EU will get rejected at around 1.1067 to retest the trendline again.
When the retest happens and we see a bullish switch in EU we go long for our target of 1.113. A confirmation of such a switch from short to long usually happens on lower timeframes, Candlestick patterns, W formations, ...
When the retest happens and we see a bullish switch in EU we go long for our target of 1.113. A confirmation of such a switch from short to long usually happens on lower timeframes, Candlestick patterns, W formations, ...
Note
We are at 1.1067 let's see what will happenNote
I scalp a sell to around 1.1055Note
Tp 1.10610 instead 1.1055Note
Sell worked good but I'm not satisfied with the bulls to go long...be patient.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.