No-Emotion-Fx

Intraday EURUSD 29 jUL

OANDA:EURUSD   Euro / U.S. Dollar
As per our previous analysis we expected price to find resistance @ 1.61 fib level which it did yesterday...

today we can see triangle pattern in short term and range trading between fib levels , our approach can be or to trade range which is selling near resistance or buying from support levels unless there is a breakout in either direction.

Or we can wait for breakout and retest for potential continuation trades.

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Comments

I hope, buyyer profit taking will wait for more profit, so, buyyer are in control, when ever buyyer Take their Profit, so buyyer power in market will become weaker and weaker, then seller will come to action..letz go buyyer team
Reply
Very good analysis 👍
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