EURUSD Forex
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2024-04-01 18:35:00
After the formation of Harmonic pattern on the 5 Min time frame, a bounce off 1.08942, Price is expected to head to 1.08981 and if it breaks it, then 1.09011 would be targeted.
SUPPORT AND RESISTANCE LEVELS
- Pivot Point 1.08926
- Support S1: 1.08903, S2: 1.08886 , S3: 1.08863
- Resistance R1: 1.08943 , R2: 1.08966 , R3: 1.08983
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Age 32 BarsFull view
B
The area at D is known as the potential reversal zone. This is where long/Short positions could be entered. A stop-loss is placed not far from the Entry Level, it could be place above the recent high or below the recent low.
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