Hello Everyone!!!!
EUR/USD is currently approaching a major Support level at 1.11250
Last time price was at that level was in April 2019 and three times price failed to breach that level
once in 25th of April once in 23rd of May and once in 30th of May now price is currently trading at that same level.
Will we see a retracement back to 1.11250 or a breach of 1.11250 and a continuation to the downside?
I would Like to see a fake out break to the downside and a retracement back to 1.12000
I personally believe the pair is currently exhausted and needs a breather.
Look for Wick Rejections around the support level, this will confirm our entry to go long,
if however we do get a break and a retest of 1.11250 expect price to drop to our weekly level of 1.09750
Trading should not be complicated, and charts should be simple.
This is a simple and clean as it can get.
Don't buy into the Stupid pointless indicators and robots that promise you millions over night.
Like and Follow for constant updates on the pair!!!!
Much Appreciated!!!
EUR/USD is currently approaching a major Support level at 1.11250
Last time price was at that level was in April 2019 and three times price failed to breach that level
once in 25th of April once in 23rd of May and once in 30th of May now price is currently trading at that same level.
Will we see a retracement back to 1.11250 or a breach of 1.11250 and a continuation to the downside?
I would Like to see a fake out break to the downside and a retracement back to 1.12000
I personally believe the pair is currently exhausted and needs a breather.
Look for Wick Rejections around the support level, this will confirm our entry to go long,
if however we do get a break and a retest of 1.11250 expect price to drop to our weekly level of 1.09750
Trading should not be complicated, and charts should be simple.
This is a simple and clean as it can get.
Don't buy into the Stupid pointless indicators and robots that promise you millions over night.
Like and Follow for constant updates on the pair!!!!
Much Appreciated!!!
these numbers in my head making me insane lol