MANNI0812

Macro Level Retest

Lång
FX:EURUSD   Euro / USA-dollar
As you can see the first rejection from this major level was over to the left black arrow. we are assuming this is now acting as a support due to bullish action breaking the once strong rejection zone. As we have now retested and pulled back to see if it has held its gains succesfully. The 1 hour has blatant supply and demand bars for a total of 4, 1 hour bars. showing buyers are accumulating ontop of a strong level. 4hr shows a hammer that has formed succesfully. Will stick my take profit at the next Macro S&D + resistance level at 1.16.

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