Overview:
1.70809 | 1.77529 is a rejected Buy-zone looking as far out on Monthly timeframe.
Price is currently trading inside multiple Caption/ Sell-zones: 1.70042 | 1.71501 and 1.69167 | 1.70367 zones.
EUR has Major news no more than 4hrs from now for potential price volatility.
Sell Entries should be inside Caption prices for target zones 1.67230 | 1.66136 and potentially down to expected Buy-zone 1.64572 | 1.63422
More conservative traders likely to hold Sells through 1.58043 | 1.53842 zone.
Note: Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea? Like, Share, Comment, Follow, (...)
Comment:
Comment:
Zones or prices of interest for Take-Profit on Short include:
1.70355 | 1.70185 zone
1.69646
1.67230
1.70355 | 1.70185 zone
1.69646
1.67230
Comment:
Comment:
If Bulls maintain dominance, they are likely to fall Short to Sellers at
1.73619 | 1.74423 | 1.75954 | 1.76831 | 1.78353
Though it is highly unlikely price will advance thus far without major pull-back which would attract more buyers thus drive the price up further.
1.73619 | 1.74423 | 1.75954 | 1.76831 | 1.78353
Though it is highly unlikely price will advance thus far without major pull-back which would attract more buyers thus drive the price up further.