Lingrid | EURUSD trend CONTINUATION trade

19 set

The price perfectly fulfilled my last idea. It hit the target zone. Given that EURUSD has been in a bullish trend, the recent impulse move down followed by a pull back that took out liquidity below the support level at 1.1100 could be seen as end of correction. This behavior is often typical in bullish markets, as prices can pull back to collect liquidity before continuing with the prevailing trend. Since the overall market sentiment is bullish, I expect a continuation of the trend. I believe the market is poised to break through last month's high, as we’re experiencing strong bullish momentum. My target is resistance zone around 1.12000


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻