FX:EURUSD   יורו / דולר אמריקאי
As expect EURUSD has slowly moved towards the resistance level. At this point, there are two possibilities:

1) Price can break the resistance - EURUSD can break the 1.1910 resistance level and continue the uptrend.

2) Price can reverse from the resistance - EURUSD can also reverse from this resistance level and drop towards 1.1700 support level.

To trade this you need to watch the price action in the resistance level that I have highlighted in the chart.
If you can see the formation of Bearish candlesticks in the resistance level near 1.1910, selling would be a good idea with 1.1750 as TP.

O
n the other hand, if you see that price has broken through the resistance level with a big green candle, do not sell this.
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.