Lingrid

Lingrid | EURUSD long-tailed Candle on the DAILY. Short

Short
FX:EURUSD   Euro / U.S. Dollar
The price perfectly fulfilled my last idea. It hit the target. EURUSD rejected the upward channel border, then made the impulse leg. It formed a huge, long-tailed candle on the daily timeframe. It suggests that the market will make lower lows.  I think the price may test the upward trendline, then roll back towards support from the resistance zone. Grab liquidity above could possibly push the price to the support level. I expect it to go down toward the lower border of the upward channel if it rejects the resistance. My goal is to support level 1.07895. 


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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