EURUSD, Probably buyers bellow the yearly open.
EURUSD / 4H
Hello Traders, welcome back to anorher market breakdown.
EURUSD has been trading in a tight channel, tight channels eventually break to the upside. The price now has traded at the Yearly open which is a Key Macro Level. Plus, it was the breakout point. I'll be expecting a mean reversion bounce for the next trading sessions.
Trade safely,
Trader Leo.
Hello Traders, welcome back to anorher market breakdown.
EURUSD has been trading in a tight channel, tight channels eventually break to the upside. The price now has traded at the Yearly open which is a Key Macro Level. Plus, it was the breakout point. I'll be expecting a mean reversion bounce for the next trading sessions.
Trade safely,
Trader Leo.
Trade active
Update: Stop loss should be at BE
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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.