【Pigeonhole Box】EURUSD 18:00 hour

EURUSD 18:00 Technical Analysis

From yesterday's big bullish candlestick

□ Temporary pullback in an uptrend on the 4H

21 EMA below price after GC, 24 hours later

Oscillator indicator turning bearish, heating zone

If the market pulls back around the 21 EMA

a genuine uptrend may begin

□ If the 1H pullback breaks the PO and falls below 21MA and near 75MA, it may continue to drop

This time yesterday, a triangle consolidation was broken upward by a large bullish candle

Resistance seems to be near the upper price

It has retraced to about half the height of yesterday's large bullish candle

Oscillator indicator turning bearish

□ 5M pullback PO, near-term rebound

Oscillator indicator turning bullish, in the low area

A reversal-buying scenario is possible

Summary: if it pulls back to the 75MA on the 1H,

near-term downtrend

In 5M, a sharp decline implies a reversal-buying opportunity

Because this is a reversal trade, caution is required

Upper limit1.08064AreaLower limit1.07950　Area

Order: 1.07954, buy 0.5 lot

TP target ~1.08... TP with a single touch

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