Euro Price analysis 19 May 2024
Weekly: In the weekly chart the price is forming W-MSS+. So we could anticipate that the price will go up towards the level 1.09812.
Weekly Bias: Bulish
Daily: The price has formed D-MSS+ with D-FVG+. & the price has been Rejected form the D-FVG+. So the nearest target the price will go towards the D-BSL 1.08951 level.
Daily Bias: Bullish
H1: The price has been formed a H1-MSS+ from a D-FVG+ level. so its a clear sign of bullish movement of the price.
there are 2 Points that is good for opening a long position,
1. If the price touches the H1-FVG then a m15 Bullish Mss formed in this level then we can go for the long.
2. If the price touches the H4-BPR, then a m15 bullish mss formed then we can go for a long.
Weekly Bias: Bulish
Daily: The price has formed D-MSS+ with D-FVG+. & the price has been Rejected form the D-FVG+. So the nearest target the price will go towards the D-BSL 1.08951 level.
Daily Bias: Bullish
H1: The price has been formed a H1-MSS+ from a D-FVG+ level. so its a clear sign of bullish movement of the price.
there are 2 Points that is good for opening a long position,
1. If the price touches the H1-FVG then a m15 Bullish Mss formed in this level then we can go for the long.
2. If the price touches the H4-BPR, then a m15 bullish mss formed then we can go for a long.
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