EURUSD (D1) - Wait to key Poin (If)

27 thg 10, 2021

• RSI negative divergence at bottom (1.15286)
  
  
• The resistance area (1.16522-1.16744) still strong
  
  
• The decline (correction) to the Fibonacci Retracements (0.5) area is necessary
  and does not indicate whether the pair continues to rise or fall
  
  
• So, we expect more of an increase and at least return to the 1.165221.16744 zone,
  but not to Buy or Sell now!
  
  *In case the pair rises out of this zone (Higher 1.16744 with strong rise candle),
  will buy with the target at 1.18851
  
  *In case the pair falls out of this zone (Lower 1.16522 with strong fall candle),
  will Sell with the target at 1.15472

28 thg 10, 2021

Bình luận

Candlestick force is quite strong, surpassing the resistance area, so wait for a retest to execute a Buy order