EURUSD WILL WE BREAK OR BOUNCE ?
Pair: EURUSD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, double top?, ascending triangle pattern
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Key Takeaway: Price has reached resistance level and could possibly be forming a double top, if we do we will look for short trades. On the other hand EUR has been showing some signs of bullish steam so we could break, retest and continue bullish from broken resistance
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Level needed: need a close by —
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Trade: Neutral
RISK:REWARD —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, double top?, ascending triangle pattern
—————
Key Takeaway: Price has reached resistance level and could possibly be forming a double top, if we do we will look for short trades. On the other hand EUR has been showing some signs of bullish steam so we could break, retest and continue bullish from broken resistance
—————
Level needed: need a close by —
—————
Trade: Neutral
RISK:REWARD —
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
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