EURUSD
The price is currently testing the resistance level, where a bull trap could be interpreted as meaning that the correction is not over yet. However, if it manages to break it, the (4) wave may also be completed. The bull trap will give us a new buying opportunity at 1.10 levels. Therefore, we will follow the price characteristic at the current level.
Trade active
The level of 1.12 is interpreted as protected and it is thought to be a bull's eye and the first short was made gradually. I wish everyone good luckTrade closed: target reached
TP
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.