Hi guys, on EURUSD price is testing a key resistance area on the daily chart. As we go down on the 4hr chart, you can see it's created a nice pinbar (with a long wick to the top) along with RSI divergence at a psychological number (1,0800). I'm waiting to see next bar, if it closes red, i'm shorting this pair. Stops above the highs, target1 roughly at 1,25:1 RR, target2 to be determined.
If you want to share your thoughts or ask questions, feel free to comment below. Otherwise, see you in the next chart!
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No shorting signal. Price is still in the reversal zone though. Continue to watch it attentively.