Lingrid | EURUSD Identifying PULLBACK Continuation Scenario

15 Ogo

The price perfectly fulfilled my last idea. After breaking out of the consolidation zone, the market is now approaching the next significant resistance level. EURUSD has closed above the critical level of 1.1000 on the daily timeframe, and the market is currently pulling back to this level. With high-impact news on the horizon, we can anticipate an increase in market volatility today. Given the prevailing bullish trend, I expect the market to experience a rejection in the form of a long-tailed bar below this psychological level before continuing the upward movement. My goal is the resistance level at 1.10715

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

20 Ogo

Dagangan ditutup: sasaran tercapai

TP was hit