EUR/USD May fall 100+pips
Insight: Price moving in an ascending channel just below resistance at 1.1199. Price is likely to continue upwards and hit resistance before reversing to support at 1.0947
Intraday - 4H
Trade: Sell
Sell or Below 1.1140
Entry: 1.0906
Target TP: 1.1021 & 1.0947
Pivot and Support 1.0947
Alternative scenario:
Trade: Buy
Buy or Above: 1.1199
Target TP: 1.1245 & 1.1.3205
Insight: Price moving in an ascending channel just below resistance at 1.1199. Price is likely to continue upwards and hit resistance before reversing to support at 1.0947
Intraday - 4H
Trade: Sell
Sell or Below 1.1140
Entry: 1.0906
Target TP: 1.1021 & 1.0947
Pivot and Support 1.0947
Alternative scenario:
Trade: Buy
Buy or Above: 1.1199
Target TP: 1.1245 & 1.1.3205