EURUSD: From the point of view of combining MAs and S&R zones.
MA100 (yellow line) is broken up and down again which is a sign of bears power.
Price and MA25 of 4H is great trend finder for intra-day trades which is again bearish.
Slower lines are signing bigger numbers than fast ones (expect the MA100 and MA25) which is a sign of far-long-term bearish trend. This is also obvious in monthly time-frame.
Pair is near a resistance level and everything is ready for a selling pressure.
In case of bullish scenario the TP level is obvious.
Price and MA25 of 4H is great trend finder for intra-day trades which is again bearish.
Slower lines are signing bigger numbers than fast ones (expect the MA100 and MA25) which is a sign of far-long-term bearish trend. This is also obvious in monthly time-frame.
Pair is near a resistance level and everything is ready for a selling pressure.
In case of bullish scenario the TP level is obvious.
Trade active