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TradePlus-Fx|EURUSD: wait for reversal

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💬Description: Sellers approached quite aggressively and even broke through the level of 1.05194, which is an important daily level. It is unlikely that one will have to count on further declines, and one can take a closer look at the longs. Longs with a potential risk/reward ratio of ~1/3 are considered. I don’t want to be particularly aggressive with my long-positions.

The specific entry point is considered to be slightly below the mentioned daily level, approximately around the level of 1.04765. Entry is expected through a false breakout, after which the price will most likely begin to rise on impulse towards the level of 1.06000.

🔔Let’s not forget about today’s data, especially before and at the beginning of the American session:
🇪🇺 ECB Economic Bulletin
🇪🇺 Consumer Confidence
🇪🇺 Consumer Inflation Expectation
🇩🇪 German CPI
🇺🇸 Initial Jobless Claims
🇺🇸 GDP
🇺🇸 KC Fed Manufacturing Index
🇺🇸 Fed Chair Powell Speaks

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Proposedly Entry Point: this afternoon or tomorrow.

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There is new GOLD idea🚀