EURUSD 2H Update

2019-12-03 02:26:46


Have a look at my last analysis of EURUSD from last Friday

https://www.tradingview.com/i/RuFayrGc/


Price made a Fake Breakout to the downside and afterwards its first impulsive move to the upside
This Monday morning in London session it corrected to 50% Fib level, where our entry was made

Perfekt 1H Pinbar was formed at 50% Fib level and fake breakout below trendline was quickly bought.
This 1H pinbar evolved to nice engulfing 4H candle giving us a clue, that market will rise further.

Market sits currently at last high and the way it approached it, lets m suggest it will advance much higher and even overshoot the previous higher high.


We should see 1.13 in next weeks