Back on March 13, EUR/USD broke above the previous high around 1.094, pushing all the way up to 1.15672—a strong move showing bullish intent.
Now price is consolidating, and if you’re looking closely at the 2-month chart, there’s a clear doji/indecision candle forming. This tells me the market is catching its breath before possibly making another leg higher.
⚠️ Trading inside indecision can mess with your psychology. It’s tricky because price is undecided, and without momentum, even good entries can feel shaky. But if you get in below the candle body structure and remain patient, that’s where the edge is.
Right now:
Bullish structure is still intact 📊
18-day candle body looks healthy, just lacking a push
I'm still expecting a retest toward 1.15
Watching neckline and key psychological zones for confirmation
All in all, higher highs could still be in play, but I’m staying tactical and letting the structure develop.
Now price is consolidating, and if you’re looking closely at the 2-month chart, there’s a clear doji/indecision candle forming. This tells me the market is catching its breath before possibly making another leg higher.
⚠️ Trading inside indecision can mess with your psychology. It’s tricky because price is undecided, and without momentum, even good entries can feel shaky. But if you get in below the candle body structure and remain patient, that’s where the edge is.
Right now:
Bullish structure is still intact 📊
18-day candle body looks healthy, just lacking a push
I'm still expecting a retest toward 1.15
Watching neckline and key psychological zones for confirmation
All in all, higher highs could still be in play, but I’m staying tactical and letting the structure develop.
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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.
Related publications
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.