Now we are all wondering where and when this rally will stop?
Let's see what has to say:
1.We can see the red created by the weekly and daily structure.
2.We have also as the 1.13 from the downward impulsive move coincides with previous structure.
3.We also have a completion.
4.If price passes the red and the 1.17200 level it's more propably to watch the 1.20 soon..
5.If we would stop before 1.20 OR we rejection and price action there is a valid completion.
6.We can also see the of EURUSD .
POSSIBLE SHORT TRADE:
BUY STOP AT 1,19700
ENTRY PRICE WITH PENDING ORDER AT 1.18200
FIRST TARGET PRICE T1 AT 1.13450
SECOND TARGET PRICE T2 AT 1.1000
THANKS FOR SUPPORT!
KEEP FOLLOWING FOR MORE PROFTIS!!
The second bullish scenario is more possible right now.