Hello, everyone! I hope you're all doing well. Let me share a key concept from price action with you.
We’ve been observing a price range, and now the price has either broken above or below this range. After pulling back to the box of the range, we anticipate further price movement in the breakout direction. This is exactly the behavior EUR/USD is currently displaying in the 1-hour and 4-hour timeframes.
📈 Expectation:
After the pullback to the range box, I expect further price decline (or continuation in the breakout direction).
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