EURUSD - Has The Market Bottomed Yet?!
Hi Traders. I will make a reminder again, I am not here telling you to catch falling knives, but in the video I will explain some of the interesting Price Action breakdown on why I think EURUSD is probably going to have some rally.
Price previously had multiple rejections at 1, which is a huge memory zone + psychological level.
Then price had an attempt to break below 1, immediately got wicked up, since then market basically just constantly showing signs of a uptrend (higher highs higher lows).
If the market is really turning here, we're still relatively catching the beginning of a market turn, so you don't need to rush it.
Observe further and see if you can participate some simple structural break setups.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
Price previously had multiple rejections at 1, which is a huge memory zone + psychological level.
Then price had an attempt to break below 1, immediately got wicked up, since then market basically just constantly showing signs of a uptrend (higher highs higher lows).
If the market is really turning here, we're still relatively catching the beginning of a market turn, so you don't need to rush it.
Observe further and see if you can participate some simple structural break setups.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
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