Magnatrio

EURUSD Swing Outlook

Long
FX:EURUSD   Euro / U.S. Dollar
Here we see price has jus begun an uptrend (trendline break and retest), and has created an order block and moved from it. Needless to say, structure has been broken as we see higher lows and high being formed. Generally, our expectation for price is to retrace back into the Order block zone (at least to the 0.5 ), thus giving long position opportunities. However, price may just bounce on the 0.0 level of the block. This is also acceptable.
*Disclaimer*
This is not financial advice. Forex trading is very risky. Trade at your own risk.

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