EUR/USD mid term trade, pull back, price action
Updated
Two scenario
* First is te pull back at 0.5 fibo. Two quite strong support [ green line ] Should be nice reaction, look for oversold
* Second, need to focus on resistance in red line, price will hit it and look for pin bar in the background area and body below [ H4, D1 ]
Happy trading.
* First is te pull back at 0.5 fibo. Two quite strong support [ green line ] Should be nice reaction, look for oversold
* Second, need to focus on resistance in red line, price will hit it and look for pin bar in the background area and body below [ H4, D1 ]
Happy trading.
Note
Look how 50% Fibo works.
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