EURUSD is facing a strong support zone to the donwside that corresponds to 61.8% (price 1.1894) of the weekly structure from 02-Jan-17 to 12-Feb-18. We can see the waves that are overlaping with each other from a long period of time now.
On the 240 min TF that i am looking for price is creating a small reveresal H&SH pattern on a strong support zone and this is a good signal in my oppinion to go long. If price will move accroding to my trading plan the resistance zones are on the chart.
Good Luck!
On the 240 min TF that i am looking for price is creating a small reveresal H&SH pattern on a strong support zone and this is a good signal in my oppinion to go long. If price will move accroding to my trading plan the resistance zones are on the chart.
Good Luck!
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Weekly chart
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TP1 Reached +70
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