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EURUSD M5 | Bullish bounce

Forex

TitleEURUSD M5 | Bullish bounceTypeBullish BouncePreference:Price is falling toward the pivot point at 1.0925 that aligns with the 161.8% Fibo extension. A bounce from this point, could lead the price to rise to 1st resistance at 1.0946Alternative scenario:If price breaks below the pivot, it might fall to 1st support level 1.0900To discuss this tra

Potential Bearish Breakout

Forex

TitlePotential Bearish BreakoutTypeBearish BreakoutPreference:Price is falling towards the pivot point of 77.445 which is a pullback support and could potentially break under this level; we could see momentum carry price down to its 1st support at 75.37 which is a swing-low support level.Alternative scenario:If price breaks above the pivot point, i

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