On the EUR/USD pair, we have a bearish setup with the price currently located around 1.07, between two potential reversal zones, one supply and one demand. Both of these zones are clearly marked on the chart, and we can see how the price has used them during the week to change its bias. The biggest issue is that the price is within a significant buy order block zone, which is highly potential for buying. The price has reacted to recent news, and the economic sentiment is returning to the price levels of June 2023. Consequently, my view remains highly bullish. Wishing you good trading and a pleasant weekend!
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.