The market moves sideways last few weeks on 1H
EURUSD
chart. It has formed a bat pattern, which gives a exact entry point and SL & TP levels. In addition, there is support level at 1.0882. The price respected that level few times and it is more likely it will do it again. Big buying orders usually placed at key levels, which will push the price up. Those analysis shows that there is a high probability that EURUSD will go up.
T1 - 38.2
T2 - 61.8
EURUSD
chart. It has formed a bat pattern, which gives a exact entry point and SL & TP levels. In addition, there is support level at 1.0882. The price respected that level few times and it is more likely it will do it again. Big buying orders usually placed at key levels, which will push the price up. Those analysis shows that there is a high probability that EURUSD will go up. T1 - 38.2
T2 - 61.8
Comment:
The price hit an entry point.
