Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EURUSD, QUICK UPDATE
As we mentioned in the previous analysis started correction and traded lower,
Meanwhile, price now is still bearish specially after breaking below our previous swing low, then trading inside this falling broadening wedge pattern
However, price is sitting around a strong support zone, where we will be looking for new longs
And for now, we will be waiting a little more trading lower for the price then a break above the marked major swing high with a momentum candle close.
And as usual 1-2 Risk To Reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!