Predicting an EURUSD bounce at the round number 1.1250 which is also the upper band of the H4 BB Stop loss is the round number 1.1280 and also the upper band of the 1D BB Target is the W1 100 SMA
Using only technical analysis, found some confluence between daily trendlines and a Fib retracement @ 61.80% on a daily chart. I believe that price may bounce on the middle trendline targeting the upper channel resistance trendline. Stop loss is placed on the Fib @ 50%. Will however be prepared for price to break the middle trendline, and in that case wait for the...