EURUSD Consolidation Stage near key resistance zone
EURUSD( H4 time frame ) price reach the key resistance area
we are observing the price to react with the key resistance area
1) if the price break above the key resistance zone, wait for pull back to the zone and reversal candle to form, then enter long position.
2) if price break lower and break thru the trendline, wait for price pull back to the zone and reversal candle to form , then enter short position.
Disclaimer
The content on this trade analysis is subject to change at any time without notice.
Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.
EURUSD( H4 time frame ) price reach the key resistance area
we are observing the price to react with the key resistance area
1) if the price break above the key resistance zone, wait for pull back to the zone and reversal candle to form, then enter long position.
2) if price break lower and break thru the trendline, wait for price pull back to the zone and reversal candle to form , then enter short position.
Disclaimer
The content on this trade analysis is subject to change at any time without notice.
Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.