possible bullish scenario if...

EURUSD has formed inverse head and shoulders as it clear on the chart.

also price is hovering over around 200MA for a while.

it could bounce back down one more time to gain more strength to pump

or can break the 200MA and resistance neckline upward with no correction

either the first or second scenario for now it seems more bullish.

the suggestion stop loss if you want to take long position would be below 0.975 level.

we also have strong support level around 0.955 could another entry chance in the case

of bearish scenario.



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İşlem aktif:

a fake break out candle hit the stop loss area but pulled back in next candle.
now the price broke the neck line(dynamic resistant) and 200MA both confirming our trade setup.
so if that area hold the price up the upward pressure will continue.

İşlem aktif:

and going on

İşlem kapandı: hedefe ulaştı:

all targets hit in less than a month