Get started
Mudza

EURUSD fail to break supply zone on Daily timeframe

Short
Euro / U.S. Dollar (FX_IDC:EURUSD)  
Mudza Updated   
FX_IDC:EURUSD   Euro / U.S. Dollar
Support and Resistance Supply and Demand Candlestick Analysis
7
0
supportandresistance supplyanddemand candlestick
Analysis for the EURUSD pair, the Euro is still stuck in the supply zone on the daily timeframe and has not been able to break the supply zone and there is a strong enough rejection in the zone so that it makes a "shooting star" candlestick on the daily timeframe. We can have the opportunity of the candle to "sell" position if there is a retracement to the supply zone in a small timeframe.
  • Entry price : 1.11662
  • Stop loss : 75 pips
  • Take profit : 180 pips
Trade active
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.