EURUSD 4H Chart analysis, pullback is likely
In my previous EURUSD ideas, I have been telling you to buy it since 1.1700 levels and I also mentioned price will reach 1.19 level( see previous idea links attached below)
As you can see, price reached 1.19 level yesterday.
However, it reversed from the 1.19 level creating a double top formation. If the bears can maintain their hold on this pair, it is possible to see a short-term pullback back to the 1.18 level and even 1.17.
So, watch for bearish price action in the resistance level and look for sells if you want to make some pips on the pullback move.
However, it reversed from the 1.19 level creating a double top formation. If the bears can maintain their hold on this pair, it is possible to see a short-term pullback back to the 1.18 level and even 1.17.
So, watch for bearish price action in the resistance level and look for sells if you want to make some pips on the pullback move.
Trade active:
Sold at 1.1907
Comment:
65 pips profit!
