EURUSD Confluence Cocktail
Price has been in a bearish channel.
Notice around the monthly key area
it's put in a momentum reversal.
It could follow through with that bullish
momentum.
There's a daily key area lining up with
a 61.8% fib level. It's also plausible that
the 50ema could line up well creating
a confluence cocktail in the next few days
or week or so.
Notice around the monthly key area
it's put in a momentum reversal.
It could follow through with that bullish
momentum.
There's a daily key area lining up with
a 61.8% fib level. It's also plausible that
the 50ema could line up well creating
a confluence cocktail in the next few days
or week or so.
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