EURUSD H4 | Potential bearish reversal?
TitleEURUSD H4 | Potential bearish reversal?TypeBearish ReversalPreference:Price is moving toward our pivot of 1.10691 which is an overlpa resistance that aligns with 78.6% Fibo projection and 50% FIbo retracement. A reverse from here, price could fall to 1st support at 1.09736 which is a pullback support levelAlternative scenario:However, if price breaks above the pivot, it could push up to 1st resistance at 1.11069 which is a pullback resistance level.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.
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