hey traders,
euraud pair reached its decision zone:
if we look at a higher timeframe we will notice that 1.585 structure level is very significant.
Approaching it right now to scenarios are possible:
one - is the structure swap. Clear violation of current resistance that will turn to support.
So we will be looking for buying opportunities.
another - structure will be respected, and the market will go all the way down to the market low.
For confirmation, I will be looking for a breakout of a local yellow channel.
Bullish violation will signify bullish confidence, while bearish will indicate bearish sentiment.
Good luck!
Want more education and signals? Contact me in pm!
Comment:
Bullish violation
Trade closed: target reached
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅