Euro / US-DollarLong
Buy EU
M: Downtrend, broke through and retested
W: Downtrend, broke through and retesting
DAILY: Downtrend, hit -61.8 and consolidating at weekly level.
4H: Downtrend, retraced to 38.2, hit -61.8. Price is consolidating at a weekly level.
1H: Was in a downtrend, has been ranging for the last couple of weeks, still consolidating at the weekly level.
CURRENTLY: On the minor structure, price was in downtrend, hit -61.8 at previous support.
I am looking for price to reverse for the buy, break and retest the 1hr downtrend line and make its way to previous minor resistance area.
(+80 pips)
W: Downtrend, broke through and retesting
DAILY: Downtrend, hit -61.8 and consolidating at weekly level.
4H: Downtrend, retraced to 38.2, hit -61.8. Price is consolidating at a weekly level.
1H: Was in a downtrend, has been ranging for the last couple of weeks, still consolidating at the weekly level.
CURRENTLY: On the minor structure, price was in downtrend, hit -61.8 at previous support.
I am looking for price to reverse for the buy, break and retest the 1hr downtrend line and make its way to previous minor resistance area.
(+80 pips)
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