FOREXCOM:EURUSD is bullish in the Daily, it has:
1. Bounced from a demand zone
2. Swept a low before the push
3. Slightly reacted to a Daily Supply
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The 4H Chart shows:
1....
The FOREXCOM:EURUSD has been mitigating the price zone of 1.12147 and 1.17122 since 2015, and had a rejection move from the zone on July.
On the 1W Time Frame:
1. Price did a change of character
2. Price tapped the 0.618 premium zone
There are 3 things that can happen
1. Price rejects the premium zone and pushes down
2. Price enters a more premium...