EURUSD OUTLOOK
Price trading inside bullish channel but has rejected from the recent high, and order block that was mitigated, which indicates a potential reversal to the downside.
It's currently being mitigated at the order block, and there might be a potential opportunity for a sell. We can have our sells set up only if it retests it's previous low and rejects.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:3.
Price trading inside bullish channel but has rejected from the recent high, and order block that was mitigated, which indicates a potential reversal to the downside.
It's currently being mitigated at the order block, and there might be a potential opportunity for a sell. We can have our sells set up only if it retests it's previous low and rejects.
We had already marked the Key Level, but will make sure to look out for the price action before making any entries.
Short entries can be taken once price rejects that region.
We had our sells set up with potential downside in the R:R ratio of 1:3.