#EURUSD 8H. Accumulation pattern
I consider current trading range as an accumulation, since we already have a possible phase C with a Spring event and, even more, we've done a commit above the resistance.
Now we can expect a test of demand near the previous resistance level, which has become a support level. If we'd do it, so we can expect a further up movement.
Let's wait for the next three candles.
Now we can expect a test of demand near the previous resistance level, which has become a support level. If we'd do it, so we can expect a further up movement.
Let's wait for the next three candles.
Note
just updated the chart 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.