EurUsd Intraday trade
Spotted a (A-B-C-D) wave structure, current price just formed a higher low with a shooting star formation (Hold by 61.8% Fib Ret) indicate reversal to the upside confirmed with next candle of bullish high close candle. Expect to see price rise back to the monthly resistance zone around 1.14000.
Trade closed: stop reached
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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.