EUR/USD (SMC) concept+fib expansion!
⭐EUR/USD has been in a strong downtrend, surpassing one of the last strongly confirmed supports, which makes me think that it will tend to retest this area from 1.03550, defying the continuation of the trend
⭐Before this retest of the support, my opinion is that it will go back down to the POI (point of interest) also called the strong demand zone
⭐Without much explanation in case the price does not test that POI I will automatically enter buy after confirmation that he will no longer retest that area
Inputs if retest POI: Inputs if doesn't retest POI:
Entry Price : 1.02650 Entry Price : 1.03200
Stop Loss: 1.02400 Stop Loss : 1.0300
Take Profit 1: 1.03100 Take Profit 1: 1.03100
Take Profit 2: 1.03550 Take Profit 2: 1.03550
Take Profit 3: 1.04000 (risky) Take Profit 3: 1.04000 (risky)
⭐Before this retest of the support, my opinion is that it will go back down to the POI (point of interest) also called the strong demand zone
⭐Without much explanation in case the price does not test that POI I will automatically enter buy after confirmation that he will no longer retest that area
Inputs if retest POI: Inputs if doesn't retest POI:
Entry Price : 1.02650 Entry Price : 1.03200
Stop Loss: 1.02400 Stop Loss : 1.0300
Take Profit 1: 1.03100 Take Profit 1: 1.03100
Take Profit 2: 1.03550 Take Profit 2: 1.03550
Take Profit 3: 1.04000 (risky) Take Profit 3: 1.04000 (risky)
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