AliSignals

EUR/USD: Reversal and Pivot Points Considered

Long
AliSignals Updated   
FX:EURUSD   Euro / U.S. Dollar
Traders,

In our analysis of EUR/USD, we're eyeing key reversal and pivot points for potential trading opportunities:

Short entry point: 1.0725
First long zone: 1.0686
Second long zone: 1.0649

In light of the Daily chart analysis, although our long-term bias remains bearish, we anticipate the possibility of a bearish day, or at least a ranging day, today or tomorrow. However, our sentiment leans more towards bullishness before reaching the 1.0725 level.

A closer examination of the 4-hour chart reveals the potential for bearish candle formations in the coming days. Nevertheless, it also supports the notion that after a downward movement of a few pips, we may experience more bullish days ahead.
Comment:
We are around the 1st buying zone.

Comment:
MINE: Not in considerable profit yet

Comment:
near profit
Trade closed: target reached:

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