The current range is 1870 and 18230, which we broke past around 4 am this morning. Plenty time left in the london session to see more breaks to the downside. Nice trend under VWAP, should be an easy day
As long as its a consistent buy, and it following the "Rising Triangle" concept on the day chart, and adheres to strong trend on the hour, trade either side of the channel, preferably looking for buy opps.
It hit that sweet take profit spot on long range fibonanci a while ago, went into sort of a range, and now coming out the other side. It broke the trend line, but is still closing above 200 ma.
I feel that there is a possibility that EURUSD will go back for a retest/touch on the major resistance level that its trying, but however will ultimately respect supply/demand zone.
Pushing up against that resistance hard, doesnt want to cross, giving off hella bear divergence. if it if breaks the short term buy trend line, im selling to bottom of column
