The price perfectly fulfilled my last idea. It hit the target area.
EURUSD
is ranging at the demand zone on the daily timeframe. The market made a higher low, but the price did stay above the previous highs. The price made the impulse leg downward, then immediately recovered from the support level. I think the market might go up towards the key resistance at 1.08000. I expect the price to go up from the support level, test channel boundary, and upward trendline. My goal is the resistance around at 1.07950
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Trade closed: target reached:
It played out perfectly.
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