The price perfectly fulfilled my last idea. It hit the target zone. Given that 
EURUSD has been in a bullish trend, the recent impulse move down followed by a pull back that took out liquidity below the support level at 1.1100 could be seen as end of correction. This behavior is often typical in bullish markets, as prices can pull back to collect liquidity before continuing with the prevailing trend. Since the overall market sentiment is bullish, I expect a continuation of the trend. I believe the market is poised to break through last month's high, as we’re experiencing strong bullish momentum. My target is resistance zone around 1.12000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EURUSD has been in a bullish trend, the recent impulse move down followed by a pull back that took out liquidity below the support level at 1.1100 could be seen as end of correction. This behavior is often typical in bullish markets, as prices can pull back to collect liquidity before continuing with the prevailing trend. Since the overall market sentiment is bullish, I expect a continuation of the trend. I believe the market is poised to break through last month's high, as we’re experiencing strong bullish momentum. My target is resistance zone around 1.12000Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Related publications
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Related publications
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.