EURUSD based on specific support and resistance zones. Here's a clearer interpretation of your analysis:
📊Resistance Zone: 1.04000
📊Support Zone: 1.02100
👉You're suggesting a potential sell strategy, implying that if the price reaches the resistance zone at 1.04000, you might expect a downward movement toward the support zone at 1.02100. Traders would be looking for confirmation of price action, such as rejection or reversal signals at the resistance level, before entering the market with a sell order.
👉It’s important to also consider risk management, stop losses, and take profit levels Keep an eye on market developments to ensure that this analysis holds up in real-time trading.