EURUSD London Scalp 27.01.2022
-So technically we are in an uptrend. Dont get me wrong, after yes terdays price closed bearish, there is a high chance it could continue south.
-But look at the current situation here. Price dropped to 1.08650 area and found support there. It could be the support is strong enough.
-A few minutes later we see price going up again and dropping to find another support a few pips above the zone as though it is a retest. We all know what this means.
-If we take a buy at this point and a stop below the 1.08650 area, we could be in for some good profits. Lets see how it goes.
-But look at the current situation here. Price dropped to 1.08650 area and found support there. It could be the support is strong enough.
-A few minutes later we see price going up again and dropping to find another support a few pips above the zone as though it is a retest. We all know what this means.
-If we take a buy at this point and a stop below the 1.08650 area, we could be in for some good profits. Lets see how it goes.
Uwaga
More confirms as we look to fill the wick left by the 2H candle
Uwaga
4H also closed bullish and with a bigger range than the previous bearish candle.
Good luck
Uwaga
Take profit hit at 1.09940
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