What's new

EURUSD in consolidation

skrimon

Active Member
EURUSD broke out of the ascending channel and it is testing the resistance zone and dynamic resistance (trendline).

The market overall is consolidating because, price action is printing HHs and LLs, indicating indecision in the market.

We expect a bearish move.


-------------------

❤️Share your opinion in the comments and support the idea with a like. Thanks for your support!❤️
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks