Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
When price entered to upward pennant, it at once bounced from support line and rose to $1.0845 level.
Soon, Euro broke this level, which coincided with support area, and rose to $1.1005 level, but at once made correction from it.
After correction, Euro made a strong upward impulse to resistance line of pennant, thereby breaking $1.1005 level.
But soon, price bounced from this line and in a short time declined lower this level, breaking it one more time.
Then EUR rose to resistance line, after which bounced down to support level, but recently it rose back to this line.
Possibly Euro can decline to support line and then make upward impulse to $1.0970, thereby exiting from pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
When price entered to upward pennant, it at once bounced from support line and rose to $1.0845 level.
Soon, Euro broke this level, which coincided with support area, and rose to $1.1005 level, but at once made correction from it.
After correction, Euro made a strong upward impulse to resistance line of pennant, thereby breaking $1.1005 level.
But soon, price bounced from this line and in a short time declined lower this level, breaking it one more time.
Then EUR rose to resistance line, after which bounced down to support level, but recently it rose back to this line.
Possibly Euro can decline to support line and then make upward impulse to $1.0970, thereby exiting from pennant.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
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.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
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.