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Lingrid
Apr 25, 2023 6:56 AM

Lingrid | EURUSD short-term PULLBACK from RESISTANCE zone Short

Euro Fx/U.S. DollarFXCM

Description

The price perfectly fulfills my last idea. The market went up from support level and made new high. The price reached strong resistance zone. The market is overbought and the price may drop from this resistance. The market is losing the bullish momentum; we can see rejection candles. Furthermore, the market bounced off from the resistance area before by making impulse leg down. I expect short term pullback. My goal is to support 1.10100



Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
JoeChampion
I agree on USD strength, thanks!
melikatrader94
It should work out pretty well.
DAY_PROFITS
A possible retracement for a Bullish impulse. Agree.
talkmover1
Thanks for this idea, it's working out great!
Lingrid
Hi traders 👋, rate the idea, what do you think? Please share your opinion! 🤠
FOREXN1
@Lingrid, Agree, possible Pullback Before a new Long Setup.
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