Lingrid | EURUSD pullback and Continuation BEARISH Trend
Updated
The price perfectly fulfilled my last idea. It reaced the target zone. 
EURUSD has gapped up and it's moving toward the resistance zone; however, the overall trend remains bearish. There is a possibility that the market move down if it rejects the resistance zone and the upper border of the channel. Historical price action indicates that the market has bounced off this level multiple times, reinforcing its significance as a resistance area. I expect that the market to initially push above the previous week's high, followed bearish move to fill the gap. My target is support zone around 1.08510
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURUSD has gapped up and it's moving toward the resistance zone; however, the overall trend remains bearish. There is a possibility that the market move down if it rejects the resistance zone and the upper border of the channel. Historical price action indicates that the market has bounced off this level multiple times, reinforcing its significance as a resistance area. I expect that the market to initially push above the previous week's high, followed bearish move to fill the gap. My target is support zone around 1.08510Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Trade closed: target reached
Perfectly played out 🤝
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