Pair: EURUSD Timeframe: 4H Analysis: Round number level, trend line, volume profile, resistance, consolidation period ————-- Key Takeaway: Need to see a break of consolidation to the up or down side ————— Level needed: Need to see price close by — ————— Trade: Neutral RISK:REWARD — SL: — TP: — ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
it would need to go down first... it is overbought
Retuka
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@dianaelena27, a break of either resistance or support levels will indicate heavy momentum change regardless, price being "overbought" does not technically mean price is going to to do one thing or another as this is a lagging indication of price movement