Little swing higher
Comment:
Then probable break down back to the white line, maybe correction to yellow support line. Depending of what will happen the price will: stabilize after a small correction before the next rise. Or make a correction then make a try to rise / maybe struggle and finally break down for a stronger correction.
Comment:
The risk. Small swing higher then fall. Or swing higher then correction, then new rise UP.
Comment:
Move is confirmed with a fishnet. After a fishnet the direction will break out UP or DOWN
Comment:
The price broke a little bit down after the fishnet formation but as
it's never possible to predict the strength it's always relative. Based on the Daily, it seems to stay stabilizing around the actual levels. Probable moving a little back up but with a risk of breaking down later. Anyway it's unclear and the market is waiting for something.
it's never possible to predict the strength it's always relative. Based on the Daily, it seems to stay stabilizing around the actual levels. Probable moving a little back up but with a risk of breaking down later. Anyway it's unclear and the market is waiting for something.
Comment:
euro will probably try to retest the previous resistance and maybe break it.
Signal on 2H chart, price is ready to go. On 4H not really clear atm but can quickly change.
Signal on 2H chart, price is ready to go. On 4H not really clear atm but can quickly change.
Comment:
Opening BUY at 18:00 (CET Brussels time)
Comment:
Trade active
Trade closed manually:
Long closed TP at 1.120000 (+ 121pips)