EURO - Price can bounce down from pennant to $1.0950
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
Recently price entered to pennant, where it at once bounced from support line to resistance line, breaking $1.0800 level.
In this pattern, price made a gap, and later it bounced from resistance line and fell to support area, exiting from pennant.
Next, EUR entered another pennant, where it at once started to grow to $1.1035 level, and exited from support area.
When price reached this level, it broke it and rose to resistance line of pennant, but recently turned around and fell.
Euro declined to resistance area, where continues to trades near support line of pennant, so, I think it can little grow.
Then price can bounce down to $1.0950, exiting from pennant and breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to pennant, where it at once bounced from support line to resistance line, breaking $1.0800 level.
In this pattern, price made a gap, and later it bounced from resistance line and fell to support area, exiting from pennant.
Next, EUR entered another pennant, where it at once started to grow to $1.1035 level, and exited from support area.
When price reached this level, it broke it and rose to resistance line of pennant, but recently turned around and fell.
Euro declined to resistance area, where continues to trades near support line of pennant, so, I think it can little grow.
Then price can bounce down to $1.0950, exiting from pennant and breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.