Regarding the EUR/USD pair, our swing trade attempt from the previous daily fractal high didn't succeed, and we observed a downward movement. Looking at the Fibonacci range, we find ourselves at the upper end of the range. We're in a bullish momentum unless there's a shift to the downside. Additionally, we've noticed a significant concentration of stops above our current price levels. It's essential to be aware of these levels, although we can never predict the exact targets of market makers. A logical approach might be to wait for a price decline before considering new trades. These are the technical insights for today. Let's see how the day unfolds.
CORE-5 Tradecraft™ | Built for serious traders.
Learn how price actually moves — not signals, bots, or retail noise.
Daniel Fadelay — 17+ years in the markets.
🎓 Free Course → bit.ly/4liniOv | Site → danielfadelay.com
Learn how price actually moves — not signals, bots, or retail noise.
Daniel Fadelay — 17+ years in the markets.
🎓 Free Course → bit.ly/4liniOv | Site → danielfadelay.com
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.
CORE-5 Tradecraft™ | Built for serious traders.
Learn how price actually moves — not signals, bots, or retail noise.
Daniel Fadelay — 17+ years in the markets.
🎓 Free Course → bit.ly/4liniOv | Site → danielfadelay.com
Learn how price actually moves — not signals, bots, or retail noise.
Daniel Fadelay — 17+ years in the markets.
🎓 Free Course → bit.ly/4liniOv | Site → danielfadelay.com
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.