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Trader Journals:::2024-05-05T13:53:37

EUR/USD

EUR/USD The price for the euro/dollar when it reached the trading level of 1.06477. Then these marks were broken, the level was broken and there was consolidation below this level. This was a sell signal, it was up to 1.053302. This sales signal did not work. The price went above this pro-trading level and it closed above it, and this is already a cancellation of sales, and here in this case it becomes relevant to buy towards the pro-trading level at around 1.07335. This signal was also false, the price went to this level, did not reach it, returned, and once again broke through this level from top to bottom. Again, there was a fixation below this level, and this was already a sell signal, and this sell signal also did not work. Because the price immediately went above this level and this was already a buy signal, and this buy signal has already worked. There was a rebound from these marks and the price went to the lower trading level. Marks 1.06477, then again went to the upper level of the trade, here an internal bearish bar has already appeared, and this signals a decline to the lower level of the trade, but it did not reach the lower level, the morning star pattern appeared, it signals an upward trend and just after of this pattern broke through the pro-trading level 1.07475, the price consolidated above this level, all that remains is to wait for it to return to it and this was already a signal to buy to the pro-trading level, which is located at 1.08255. This signal is relevant; an internal bullish candlestick pattern has appeared. And this signals an upward trend of growth, this is an additional signal to buy and northern targets, this is the trading level at 1.08228 and this is the primary target. The secondary target is the level of 1.09053, after when and if the level of 1.08344 is passed and, of course, after consolidation above these levels.

EUR/USD

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