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Lingrid
Mar 1, 2023 7:18 AM

Lingrid | EURUSD long from SUPPORT level and TRENDLINE zone Long

Euro Fx/U.S. DollarFXCM

Description

The market is overall in range and it's ranging at the main support level on the daily timeframe. The price did not go lower to retest the support level instead it bounced off the support. It's heading toward previous resistance zone by forming a double bottom. I think price might go up to resistance zone because the market updated swing highs and it reached an upward trendline and the support level. My goal is resistance at 1.06610.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
Lingrid
Hi traders, rate the idea, what do you think? Please share your opinion! 🤠
Traders-Club
Perfect!
KlejdiCuni
Very detailed work. Thanks
FOREXN1
Possible scenario thanks!
JoeChampion
Great Lingrid, i have similar outlook here!
InkyGrip
Great one thanks!
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