NOTE - Analysis done on 5 min time-frame
Based on the previous analysis of mine, I shared two levels. One for support and one for resistance. Price is now around resistance level and we have seen a change of character. Also price is reversing from a key Fibonacci level. Price broke a trend line and did a retest at key Fibonacci level.
Today on 25th Feb,
1. On EURUSD, wait for price to reach at least one of these levels.
2. Identify a CHoCH near this level on 5 min timeframe.
3. Enter in the trade for a reversal. And keep the target to the start of the day. Towards 1.04671.
Note: If these levels are hit today very late, or if price doesn't reach there today, then this can be the levels for tomorrow.
