DanielTC1

DanielTC1

Price has just broken a very strong level of Daily Resistance. We can see this pair retrace back over the next couple of days. This Structure zone has held as support and resistance in the past so we can expect a bounce out of it. If we do retrace back then we can further confirm this with a fib retracement from our newly created highs. I will also be looking for...

DanielTC1

We have just had a break of a very strong weekly Structure level. Price had three bounces off it before the fourth attempt was successful. The level has held in the past as support and resistance so we can expect price to retrace to it in the next couple of days. If we get a retracement then we can expect it to hold and create a bounce to carry price to the next...

DanielTC1 Updated 

Price on the one hour EURUSD is approaching the four hour trend line. Most recent resistance falls along with the four hour swings 0.500 fib retracement looking for a short opportunity to meet support below and possibly down to the major support below