Possible short opening up later after reaching PRZ zone. Last long was a great sucess. GZ whoever took that trade.
The Asian session today dragged the pair below the reversal zone line, but now it seems to be recovering. I stay bullish until the red SL line is taken out.
.786 retracement being the last hope for bulls, as EURUSD likes this lately. Looking for a long on both levels if resistance is obvious. SL 15pips below the .786
As on chart. Looking for a short around 1.0970 area
If entry target reached. Look for a short on M15 or M5 TF. Stop above the 1.618 retracement. Minor target to .382 retracement of the last 4h leg up. Extended target can be taken 0.618.
Looking for a medium term short, with an extended target below the 1.08 lows in to the 1.07. Stops above 1.1084.
As on chart. Waiting for opportunity to long from the zone
but this is how it could go before moving back down.
Self explanatory chart. Its possible to use a little tighter stop just at 1.1125.
Do not have a crystal ball, but we shall see which is closer to trueth. Looking to long if channel holds. Short if it doesn't.
Chart self explanatory. Entry if entry point target is reached.