I will make a multi time frame analysis to give you an idea of what the price could do next Monthly: The price is currently over extended. When price is overextended, we always could expect a retracement to happen next. The price could be getting ready to make the retracement soon. Weekly: The price is also over extended. In the weekly we can see also that the...
Could be a good long opportunity here if we see a bounce from the current support area. The sentiment is still quite bearish so must be cautious when looking to enter a trade. This level previously acted as support in August and this aligns with previous resistance looking further back. We are also at 0.618 Fibonacci. Before entering a long we need to look for the...
BUY EUR/CZK Entry 1 24.77800 Entry 2 24.62010 Sl 24.58000 Tp.1 24.85000 Tp.2 24.95000 Tp.3 25.10000 Tp.4 25.25000 TP.5 25.50000