EURUSD POSSIBLE TRADE IDEA
After a swift pullback on the 21st, the Daily chart created a pinbar with a massive wick that was filled today (22nd).
Price as you can see has moved into my zone, which lines up perfectly with the 0.79 fibonacci retracement that you can pull on the 1 or 4hr chart. I believe that with bearishness on the DXY, EURUSD could trade higher, targeting the buyside liquidity as indicated on the chart.
Price as you can see has moved into my zone, which lines up perfectly with the 0.79 fibonacci retracement that you can pull on the 1 or 4hr chart. I believe that with bearishness on the DXY, EURUSD could trade higher, targeting the buyside liquidity as indicated on the chart.
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