As previously analyzed, we are waiting for that bullish momentum. The pair is finding support on the blue line which can be considered a key level since the price is heavingly rejecting dropping below that price Let's wait for the momentum shift and don't FOMO
As you can see, the price reached a HH zone which was previously rejected Now we see not a rejection but a fakeout but a continuation of the trend which is a good sign The best thing to do in a situation like this, is waiting for it to cross the HH zone and then go with the trend till the next rejection zone
EURUSD had a drop of 200 pips (+/-) and since that huge drop, we have seen a pullback. Usually the pullback is 50% of the previous movement, so we can expect a rise till that 50%. We think the price will reach the trading zone, that previously was and it's just a matter of time till it's in the same area again.
The price didn't have the expected bullish movement and instead did a bearish one Now we are in an accumulation fase, so let's wait again for a momentum shift before jumping in Don't FOMO
The ranging market didn't yet in this pair We need a momentum shift to take a position in this type of markets Don't FOMO Wait for the momentum shift
As you can see , the price is rejecting the current level which can be considered a LL zone This LL zone as been respected a couple of times, so we should look for momentum shifts Once we have that momentum shift, the price will go towards the HH zone which can be our target
The price went bullish after the breakout of the bearish trend line, as seen in the previous analysis. Now, the pair seems retracing a little bit. We are in the middle of the movement, in order to not get got out, we should wait for more movements of the pair before openning a position Don't FOMO
According to our previous analysis, the pair "reached" the indicated zone and reversed as expected Now, we should wait for further movements because the pair is in a LL zone but isn't rejecting it, so wait to see what the price is doing Once you understand what's he doing, we may open a position
The price made the movement predicted during the analysis. Now, we should expect a reversal, as it may seem be occuring, and go with the trend till the HH zone which is a reversal zone but you can have a different TP. We indicate LL zone and HH zone, because that is our strategy, but you can have your own, you should, and have a different TP
As you can see in the circle, the price is rejecting the current zone which is a HH zone created in the last week. Waiting for a momentum shift is the best strategy in a ranging market. Usually, it's a bullish or bearish engulfing on lower time-frames which indicates that momentum shift. Don't FOMO
In the circle, we can see rejection of the HH zone. Having this rejection, we can look for momentum shifts and look for entries. Don't FOMO and wait for the right oppurtonity Follow your strategy and don't hesitate