GoldenEngine

EURUSD-4hr's / Prefect Long Shoot Not Miss it

Long
FX:EURUSD   Euro / U.S. Dollar
Pair Name : EUR/USD
Time Frame : 4hr's
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low
Direction : Long
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Description : Now the price is inside a strong descending channel of 3 touches above and 2 touches below. The price is expected to rise when breaking that channel, and at the same time the reasons will be as follows
1) major level break
2) Volume Profile Poc
3) down channel break
4) Trend Bounce From 1.1700 Area
5) liquiedty zone enter
It is expected that the price will rise to 1.18750 and stabilize above it with a daily candlestick. The next target will be at 1.21250
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Major Support : Range ( 1.17350 -1.17650 )
Major Resistance : Range ( 1.1825 0 ) Area
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Be in Touch For Next Update — Stay Safe And Do Money Management
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