We believe EURUSD is in a bullish trend . It might break the key resistance soon.
But there is a chance for a short-term risky sell
Reasons:
- Pitchfork center line
- Shooting Star candle
- Short-term fibonacci retracement was used for entry and exit points
With breaking of the resistance, probably a strong bullish trend will form.
*This is only how we interpret the market
But there is a chance for a short-term risky sell
Reasons:
- Pitchfork center line
- Shooting Star candle
- Short-term fibonacci retracement was used for entry and exit points
With breaking of the resistance, probably a strong bullish trend will form.
*This is only how we interpret the market
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.