Euro / US-Dollar
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EUR/USD | Strong move needed (READ THE CAPTION)

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Hello folks, Amirali here, starting the day with an analysis on EURUSD.

As you can see, EURUSD dropped after reaching the Bearish Rejection Block, it started dropping in price, currently being traded at 1.1620, in between the March 5th NDOG and March 9th NWOG, going down towards the NWOG.

After hitting the NWOG High at 1.1616, EURUSD managed to go back up a little bit, but it is still inside the FVG, and if it keeps itself above the FVG C.E. at 1.1612, we can see it go higher to retest the Bearish Rejection Block and the Daily IFVG. However, it has to go through the March 5th NDOG as well and I expect it to do so strongly.

If EURUSD keeps itself above the FVG C.E. at 1.1612, the targets will be: 1.1625, 1.1633, 1.1641 and 1.1650.

But if it fails to hold on above the C.E.: 1.1610, 1.1600, 1.1590 and 1.1580.
Trade wurde manuell geschlossen
Bearish TP3 reached, taking partials and closing the position here.

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