EURUSD 1H Analysis, 1st July 2021

130
Daily Trend : Bearish
4H Trend : Bearish

In my last post we took great trade with +4R profit, and we could see that bear is in control in EU.

So, Trade Scenario 1 :
We would like to see a retest to the support become resistance zone to put a short position with good RRR

Trade scenario 2 :
To consider Bullish in EU we need to break above 1.8800 level forming HH then a retest forming LH to put long position

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.