EURUSD prepare to BUY
Market is trading inside 1.116-1.112 trading range.
Multiple rejection candles, oversold rsi with divergence
+ significant level of structure support looking left give an indication of bulls exhaustion.
Before it continues lower it needs to correct itself.
For confirmation buy the breakout of a trading range.
Targets based on structure.
T1 - 1.120
T2 - 1.124
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Note
Let the 4 hour candle close above the structureNote
Market closed inside the trading range
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.