06-22-2020 - EURUSD analysis and potential trade - #PriceAction

in #forex4 years ago

Ok, so now we have broken the last day top wick with a bullish momentum.
This is the daily graph with my zones marked.

image.png

On the 4hr we see an uptrend but we have reached an area with rejections, we have to wait for a pullback so it can get more strength and so we can have a proper entry.

image.png

Right now we only have to WAIT!

The daily high can act as support because it was a fair resistance on the left.

image.png

The 30m doesn't give us a clear indiction yet, so we have to WAIT, WAIT AND WAIT.

Probably we will have a setup until the Asian open for a proper long.

My BIAS is LONG

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