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dmitry089234
May 24, 2022 3:09 AM

#EURUSD 8H. Accumulation pattern Long

Euro Fx/U.S. DollarFXCM

Description

I consider current trading range as an accumulation, since we already have a possible phase C with a Spring event and, even more, we've done a commit above the resistance.

Now we can expect a test of demand near the previous resistance level, which has become a support level. If we'd do it, so we can expect a further up movement.

Let's wait for the next three candles.

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just updated the chart
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