Euro / U.S. DollarUpdated Box Range Education
Hello, everyone! I hope you're all doing well. Let me share a key concept from price action with you.
We’ve been observing a price range, and now the price has either broken above or below this range. After pulling back to the box of the range, we anticipate further price movement in the breakout direction. This is exactly the behavior EUR/USD is currently displaying in the 1-hour and 4-hour timeframes.
📈 Expectation:
After the pullback to the range box, I expect further price decline (or continuation in the breakout direction).
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Trade safe
We’ve been observing a price range, and now the price has either broken above or below this range. After pulling back to the box of the range, we anticipate further price movement in the breakout direction. This is exactly the behavior EUR/USD is currently displaying in the 1-hour and 4-hour timeframes.
📈 Expectation:
After the pullback to the range box, I expect further price decline (or continuation in the breakout direction).
💬 If you enjoyed this explanation, make sure to show your support!
Trade safe
Trade active
i see this
Trade closed: target reached
target 1 : 1.01978
target 2 : 1.00938
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.
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.