dramadon

Trend Reveral Has Begun, EURUSD LONG

Long
FX:EURUSD   Euro / U.S. Dollar
Price has reached support on the daily time frame so a huge trend reversal could be coming in the following week. If price continues to trend upward and breaks and retests the most recent resistance zone on the 1 hour time frame, you can expect price to continue its upward momentum towards the next zone on the 4 hour time frame. I have placed the fibo tool on the chart where you can clearly see our 1 hour chart zone is right at the 618 where an entry for a buy will be placed on the retest of that zone.

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