EURUSD
A nice trade setup, price swept liquidity from a previous demand zone, broke structure to the upside breaking a trendline also. From this we should see price retrace to the previous demand and also using the previous downtrent support as a new resistance. These 2 confluences should result in a favourable trade resulting in higher prices, whether it be sweeping buy side liquidity or continuing to the upside.
-TradingExcellence
-TradingExcellence
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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.