Hello Traders, please check out my previous ideas.
Continuing from the previous analytical scenario, if the euro stabilizes above the yellow zone, the price can climb up to the pitchfork midline.
In the opposite scenario, if the price does not follow the conditions of the previous scenario, the price can fall to around the red zone and after that 1.064 level.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑 CrazyS✌
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If the EURUSD stabilizes above the yellow zone, the price can return to the red zone. If the EURUSD does not stay above the middle Bollinger line, the price could fall into the support zone (as we mentioned in the analysis). My risk-free level for the bearish scenario is 1.07929.🐱👤✍
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Following the previous scenario,🐱👤✍ after the price dropped below the one-hour Bollinger midline, I entered a sell position and after the price reached the specified level, I risk-freed the position.💥✌
Trade closed: target reached
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The euro continues to move downwards. Let's go for a new analytical idea in Euro for the rest of the week.✌💥