EU forming falling wedge
REASON TO BUY ;
QM level and demand zone (bullish engulf) parallel in same level. More than 5 rejection in the level that we can see in the previous chart.
buy price should be nice at 1.17614 or in the grey zone. Target TP is 1.19894 at supply zone. This supply zone parallel with previous SnR.
Stoploss or cutloss zone when price break the red zone.
REASON TO BUY ;
QM level and demand zone (bullish engulf) parallel in same level. More than 5 rejection in the level that we can see in the previous chart.
buy price should be nice at 1.17614 or in the grey zone. Target TP is 1.19894 at supply zone. This supply zone parallel with previous SnR.
Stoploss or cutloss zone when price break the red zone.
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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.