TechnicalProsperityArt

TechnicalProsperityArt

Price has broken past the previous structured demand zone at 38.2% Fibb levels. My previous analysis on EURUSD had a potential to go long at that current price 1.1080. BUT as I mentioned if it was to FAIL it would had to break the zone with a big candle. Price did exactly that and hit its next target level for reversal on 61.8% PRZ Fibb level. Price now remains in...

TechnicalProsperityArt Updated 

Demand Zone is heavily respected with structured support off the 38.2% Fibb. Also a double bottom confirmation with divergence. NOBODY should be shorting this pair as of now if you are keep in mind you might be against the trend. Trading is 90% Mental and 10% Technical. Traders must work on patience and believe in your own analysis. Follow me On Instagram @FipForex

TechnicalProsperityArt

Price dropped pass support on the 38.2% Fibb making it a new found resistance. Price still remains inside a structured demand zone sitting on support. My bias on this pair is still long unless the demand zone is fully breached and becomes a solid supply zone. Also RSI shows Divergence indicating a possible bullish setup with a trend line assisting it for...