Rozpocznij
Euro / Dolar USAZaktualizowano

EURUSD is testing the psychological level


EURUSD has exhibited an interesting price movement recently, characterized by a breakout from a falling wedge pattern. The breakout followed the direction indicated by your arrow, indicating a potential bullish momentum in the market. Currently, the market is undergoing a crucial test of a key level on the 4-hour timeframe, specifically at 1.10. This level holds significance as it is considered a psychological level, often attracting market participants' attention.

According to Plancton's Rules, if the price successfully breaks out from this key level, it could provide a confirmation for a new long position. Traders following this strategy would consider entering the market, anticipating further upward movement. In such a scenario, the next target for the EURUSD pair could be 1.11, representing a potential price objective for the bullish move.

–––––
Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Uwaga
snapshot perfect bullish impulse
Uwaga
snapshot new recent high
Uwaga
snapshot upward move as epxected
Uwaga
snapshot consolidation phase at the top of the trend
Uwaga
snapshot slow retracement to the support area
InkyGrip
Chart PatternsHarmonic PatternsTrend Analysis
InkyGrip

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.