Reversal in EURUSD
EUR/USD OANDA:EURUSD
This key level, the lower parallel or Reaction Line was the point that I had considered as the point of interest in a previous post:
I had said that I was seeing people getting long too early, without timing, and that the way I trade is at the edge:
I see people trying to go long now.
To me at least, to the way I trade, I need price closer to the edge
That said, the algorithm also detected a range in the area:
It is long here if one is not long yet.
Apart from that, I was also looking for a trade on the 4H that was very close:
It is key to know where the edge is when trading, in which area you should get long or short.