AS AT THIS TIME OF ANALYZING THIS PAIR PRICE IS HEADING TO WRTL POI PRICE REACTION IN CONJUNCTION WITH CPI NEWS RELEASED LATER TODAY WILL DETERMINE THE OUTCOME OF THIS TRADE EYES ON POI AND CPI NEWS WE MOVE
EYES ON CPI IF THE NEWS COMES OUT AS EXPECTED THEN WE MIGHT HAVE THE BREAKTHROUGH WE NEED TO BREAK THE TWO POI AHEAD THEN TO THE MOON (WRTL POI) FINGER CROSSED WRTL et GOD GRACE
THE TREND IS YOUR FRIEND A BUY CONFIRMATION IS ALL THAT REQUIRE FOR US TO LONG THE PAIR AT THAT POI BEFORE HEADING TO A VERY INTERESTING ZONE OF THE PAIR IDEA DISCLAIMER: ANY TRADE CALL I GIVE IS AN IDEA SO YOU CAN ALSO HAVE MORE CONFLUENCE IN YOUR DECISION MAKING TRADES ARE TAKEN AT OWNERS RISK
PRICE HAS BEING RANGING DOWNWARD FOR THE FEW WEEKS PRICE CURRENTLY AT SLANT SUPPORT (Ssl) TREND LINE REGION THAT COINCIDE WITH S1 MAKING THAT ZONE A VITAL POI I EXPECT PRICE TO GO LONG FOR FEW DAYS AND GO SHORT IN THE LONG RUN #WORDPLAY WE LOOK FORWARD TO THE PRICE ACTION AT THAT LEVEL
EURUSD IS CURRENTLY AT A VITAL POI ON D1 PRICE AS REJECTED ON THAT CURRENT ZONE FEW DAYS AGO SERVING AS A STRONG SZ ON H4 PRICE IS CURRENTLY CONSOLIDATING AT THAT ZONE MAKING A DECISIVE ZONE IF PRICE BREAKS AND CLOSE BELOW THAT ZONE WE COULD SEE A RALLY DOWN TO THE BOT IF PRICE ONCE AGAIN REJECT AT THAT LOW WE THEN LOOK OUT FOR PRICE HEADING BACK TO OUR WRTL BOS...
PRICE BOUNCE OF A WRTL POI EARLIER TODAY... IF PRICE BREAKS THE POI AHEAD THEN WE EXPECT PRICE TO GET TO THE LATEST WRTL BOS
after a doublebottom formed we wait for a possible retest of the neckline and with the right candlestick we look to long this pair