EUR/USD May fall 100+pips
Insight: Price moving in an ascending channel just below resistance at 1.1199. Price is likely to continue upwards and hit resistance before reversing to support at 1.0947
Intraday - 4H
Trade: Sell
Sell or Below 1.1140
Entry: 1.0906
Target TP: 1.1021 & 1.0947
Pivot and Support 1.0947
Alternative scenario:
Trade: Buy
Buy or Above: 1.1199
Target TP: 1.1245 & 1.1.3205
Insight: Price moving in an ascending channel just below resistance at 1.1199. Price is likely to continue upwards and hit resistance before reversing to support at 1.0947
Intraday - 4H
Trade: Sell
Sell or Below 1.1140
Entry: 1.0906
Target TP: 1.1021 & 1.0947
Pivot and Support 1.0947
Alternative scenario:
Trade: Buy
Buy or Above: 1.1199
Target TP: 1.1245 & 1.1.3205
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.
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.