EURUSD Intraday bullish pattern

Daily Chart : rejection from support zone but bearish bias

4 hours chart plan

A. break above 1.1367 = bullish confirmation

  •  buy target 1.1386 (Daily Range+resistance)
  •  strong break above 1.1386 could target  1.1467 (retest major resistance)

B. break below trendline and confluence level = bearish continuation

  • sell target at support zone and lower trendline (bearish bias)
  • see older post  >>>  Bearish reversal ?


Warning: Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.