This is a 4H chart for
EURUSD
Probability : Short
Price bounced from the resistance zone and now is showing downside movements, trading exactly at the 38.20% Fibo level, and also right above the EMA100, so If price will break this level it will continue toward the 61.80% Fibo (previous low and middle of the channel), on the other side any failed attempt to break the 38.80% will send the price again to the resistance zone.
Updates will be available later.
This is not a signal, it's just my opinion, Good luck
EURUSD
Probability : Short
Price bounced from the resistance zone and now is showing downside movements, trading exactly at the 38.20% Fibo level, and also right above the EMA100, so If price will break this level it will continue toward the 61.80% Fibo (previous low and middle of the channel), on the other side any failed attempt to break the 38.80% will send the price again to the resistance zone.
Updates will be available later.
This is not a signal, it's just my opinion, Good luck
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