VasilyTrader

EURUSD: Time For Pullback?! Key Zone to Watch πŸ‡ͺπŸ‡ΊπŸ‡ΊπŸ‡Έ

Long
VasilyTrader Updated   
OANDA:EURUSD   Euro / U.S. Dollar

Hey traders,

What a bearish week for EURUSD.
From 7th of September, sellers keep pushing the pair.
Violating a summer's low the market looks relatively oversold at the moment.

Analyzing a price action on a daily we may spot an expanding wedge pattern.
Its falling support, for now, serves as the closest key support.
Next week wait for its touch and then look for a confirmation to catch a pullback.
*by confirmation I mean a reversal pattern on 4h/1h time frame.

Closest resistance will be 1.16 - 1.185 structure.

❀️Please, support this idea with like and comment!❀️
Comment:
Check my new idea on NZDCHF:

βœ…Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

πŸ’°Instagram: www.instagram.com/VasilyTrader/ πŸ’°

βœ…Facebook: www.facebook.com/VasilyTrading/ βœ…
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.