EUR-USD 1H
The final phase of the market is a trading range that has caused a southern engulfing. Lower targets are in focus, but before moving downward, it must fake out the upper false zone (green zone) and drop from the MPL(purple zones).
Order cancelled
Considering that the price has already reached its target before hitting the intended zone, the specified area for entry is not tradable, even though the price may react to it.
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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.