1,06113 the decision point for EURUSD

Currently, the 4H chart shows indecision on this pair. The key level to watch is 1.061113, which is the price structure that led to the last break of structure. If the price manages to break this level with sufficient momentum, I expect a retest of the demand zone, followed by a continuation upward. However, there is also a possibility that the price will enter a ranging phase, which is ideal for scalpers to trade within the range.

If you decide to trade this idea, do not trade the first move, as it could be a trap. Instead, wait for the right moment to enter. For beginners, I will update this trade setup if and when entry conditions are met. Good luck!

Note: I am not a signal service, but I do share trade ideas. If you're looking for buy signals through some kind of "premium channel," you might want to contact one of the signal providers who often comment on various ideas, aiming to attract beginners into purchasing something. Instead, invest your time in learning and trading based on your own analysis.

This will help you avoid constant confusion. I know it can be challenging at the beginning, but it will be worth it in the long term. Aim to be a marathoner, not a sprinter, in trading.
Chart PatternsHarmonic PatternsTrend Analysis

Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk

Disclaimer