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Analysis of #EURUSD
Hello friends,
in my recent EURUSD, "link below this idea" I expected the move up and was able to find an entry that ended up in profit, and now this what I see.
this pattern on the h chart or me represents a reversal pattern, "kind of head and shoulders" that is why I am interested in abuy in this market, here is what I will be looking for.!!
1- the market pulls back to a recent structure level near 1.2080 and provides me a valid entry that meets my rules for a buy setup.
2- the market breaks above the recent resistance level of 1.2168 also the neckline, then I will look to use one of my trend continuation strategies targeting the next resistance level near 1.2280-1.2300.
of course the possibility the market does neither of these setups and moves lower from here.
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
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-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you