EURUSD right now in a consolidation is likely to form a diamond, well it depends on todays news. It's hard to predict where the prices will go after breaking the structure, but if the market goes down then it may reverse/consolidate at 61,8% Fibo which is a strategic level confirmed by previous structures and a Round Number.
Still it's better to wait for an opportunity to occur.
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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.