EURUSD formed nice triangle, waiting for retest of lower line which is minor SR zone + 0.5 retr of price move from 1.04613 to 1.17129.
First target profit after breakout goes to 1.16, where we should see ABCD pattern after the breakout.
Blue box - buy zone, demand zone
Yellow box - sell zone, supply zone
I am already in short on this pair, and waiting for downward move completion, then I'm switching to long.
Good luck everyone
First target profit after breakout goes to 1.16, where we should see ABCD pattern after the breakout.
Blue box - buy zone, demand zone
Yellow box - sell zone, supply zone
I am already in short on this pair, and waiting for downward move completion, then I'm switching to long.
Good luck everyone
Comment:
Trade short closed, hope you guys made some good pips there!