EURUSD 15min TimeFrame chart Analysis
Updated
Hello ;
Clearly in big Time Frames Trend is Bearish.
1.055 -- 1.05630 is the first strong SUPPLY zone . But there was a good reaction from there once so it is a used BASE and Risk for a second chance is high.
There is another zone upper in 1.058-1.05940 area. If price would touch there I will update my chart.
Breaking 1.05150 would open a new dropping scenario for the PAIR.
Clearly in big Time Frames Trend is Bearish.
1.055 -- 1.05630 is the first strong SUPPLY zone . But there was a good reaction from there once so it is a used BASE and Risk for a second chance is high.
There is another zone upper in 1.058-1.05940 area. If price would touch there I will update my chart.
Breaking 1.05150 would open a new dropping scenario for the PAIR.
Trade active
HelloFirst Supply area acted well.
Breaking 1.054 was a key for dropping .
So any correction would be a chance for SELL.
Stop Loss :1.05630 T/P 1 :1.05250
Chart will be updated
Note
As I said , first supply area was used so it was risky. next one which now price is moving in it is much better one.breaking 1.05716 is a confirmation for SELL position.
S/L: 1.05950 T/P:1.05550
Trade closed: target reached
T/P has touched .It was an awsome Position.
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