EURUSD TREND-FOLLOWING!

16 lis 2022

Hello Traders, I am Hadi Karaali, Known as SNIPERS_FX

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EUR/USD, as we clearly see price is OVER-ALL bearish making clean lower lows and lower highs trading inside this channel !

However, as the last text analysis we were waiting for the price to test the lower support to catch the next impulse
or- for the bulls to keep moving higher till this resistance where we are now to search for new shorts right

So, let's do a quick recap

For now, price pushed higher, and we are now around a massive resistance zone and around the falling trendline
So, we will be searching for new sell setups as the price is here, any bearish reversal setups as per your trading style

we can still dive more before going lower again

Unless ofcourse price managed to break above this resistance and traded higher


And as usual follow your trading plan and manage your risk.

Be patient and good luck!

16 lis 2022

Uwaga

Telegram channel: t.me/Snipers_F_x