On a daily basis, the pair EURUSD printing its price range in the downtrend with an evident of the throwback from 1.12994. For the last two months, the pair moved into a consolidation channel but the breakout 1.15095 and the throwback setup, filtered the traders from the actual market trend.
Currently, the price range marking the quote 1.16076 with a pullback twist. Due to the pair fame, there is a chance for a traders war. That might change the pair trend instantly.
Or else, With a stable pullback setup the may fetch the quotes 1.18370. In a different scenario, if the pair continues sentiments with the bear without a pullback formation means, end the trade @ 1.14101.
SIGNAL SPECIFICATION
Entry: 1.16076
TP: 1.18370
SL: 1.14101
R/R: 1.14
HIT LIKE, COMMENT AND FOLLOW FOR MORE PROFITABLE TECHNICAL UPDATES.
Trade active
⋅
Market executed the same pattern as I mentioned above. The price range got a pullback and the throwback setup.
The price range marking its presence in the Uptrend.
also looking into getting long intraday