Traders, im looking for a test of the high price in this pair(1.1272).
Technically, we are still in a downtrend so watch for price action on the higher time frame to determine that trend has reversed to the upside.
Since the high(18/7/23), we had deep retreat to the downside(78% fib. Level) a LIQUIDITY SWEEP below 1.0831 and a respect of the 4 hour trend line.
Watch for Buys.
A break below 1.0765 may see the 1.0650 tested.
Remember, price action is king!
Happy trading.
Technically, we are still in a downtrend so watch for price action on the higher time frame to determine that trend has reversed to the upside.
Since the high(18/7/23), we had deep retreat to the downside(78% fib. Level) a LIQUIDITY SWEEP below 1.0831 and a respect of the 4 hour trend line.
Watch for Buys.
A break below 1.0765 may see the 1.0650 tested.
Remember, price action is king!
Happy trading.
Note
Watching price action on EU. Technically we are still in a downtrend. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.