Zoom to see, please. Chart analysis: H1 timeframe. There is a confluence right now in the eurusd chart: the price has retraced to the trendline after breaking it, and it has rejected the horizontal and sloppy trendlines at the same time. The present candle has formed a bearish pin bar. It is a sell time. Our first profit target will be 1. 05961. Trade like a pro; don't trade like a newbie.
The arrow drawn is indicating the confluence point in the chart.
The arrow drawn is indicating the confluence point in the chart.