One EURUSD fall can lead a 250+ pips.
Price may drop from the unmitigated order block (1.09798-1.10037)
A drop to this zone (1.06618-1.06828) can be possible.
Price may drop from the unmitigated order block (1.09798-1.10037)
A drop to this zone (1.06618-1.06828) can be possible.
Note
Price is now at Unmitigated Order Block (1.09798-1.0037)
A fall from this zone can drop the price toward the order block (1.08670-1.08810)
Note
In 4 hour price has made a descending triangle pattern and completed ELLIOT ABCDE wave and gave the break out ....
If the 4 hour order block is valid then the price will come back to the "Triangle breakout order block" for retest.
Scenario is changing for EURUSD.
Everything depends on how the price reacts at these Order Block
Order cancelled
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.