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Saly97
May 1, 2023 6:35 AM

Daily retrace Long

Euro Fx/U.S. DollarFXCM

Description

The price formed a daily range past week, so I assume that after reaching a support zone, the price will move toward the upper limit of the range soon afterward. We should be waiting for a confirmation of the reversal now.

Comment

First signs of reversal...

Trade active

Reversal confirmed. This is the chance for EUR to go for higher levels and if not, well... I am going to sit alone and cry.

Trade active

The daily demand zone worked and was able to hold the price for now. we are in the long positions and targeting the previous day's high.

Trade closed: target reached

Done. Daily target reached.
Comments
zAngus
Hello, congrats on sharing your first chart with the community. We hope it was a fun publishing process. Hope you have a great day.

From mod @zAngus
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