EURUSD is next to it's fibo 50% in daily time frame , if it could pass this area which I marked by green so it could rise to 38% .
In this case the price got rest in a rectangle and now it will continue ...
As we see it has broken it's 4H trend line and did the pull back as well..
In other hand , price is playing in a triangle , which can consider as a flag , if it comes back to trend line and could not fix upper , I expect falling to 1.12800
which way do you think is the proper way?
In this case the price got rest in a rectangle and now it will continue ...
As we see it has broken it's 4H trend line and did the pull back as well..
In other hand , price is playing in a triangle , which can consider as a flag , if it comes back to trend line and could not fix upper , I expect falling to 1.12800
which way do you think is the proper way?