EURUSD H4 for short.
Now let me put this pair in a simple way.
Suddenly I found too much analysis is annoying, so I just marked four levels in this chart which are 1.11400-1.11550-1.11800-1.12150.
Black&Bold levels is the strong resistance in a long term interval. And now this pair has hit the first PINK level shown as 1.11400. Hopefully it will head down to the blue trend line and get some support.
BTW, intensive trading lines ARE really useful, and it's simple.
Good luck.
Now let me put this pair in a simple way.
Suddenly I found too much analysis is annoying, so I just marked four levels in this chart which are 1.11400-1.11550-1.11800-1.12150.
Black&Bold levels is the strong resistance in a long term interval. And now this pair has hit the first PINK level shown as 1.11400. Hopefully it will head down to the blue trend line and get some support.
BTW, intensive trading lines ARE really useful, and it's simple.
Good luck.
