FX.co ★ kavon.collins | Game of Life: Visionary Insights into the Forex Market!

Pair EURUSD M5: 1 - On the 5-minute chart, the Euro is trying to move along the lower band, with a touch forming and both bands expanding outward. This signals a potential price drop, and we just need to observe whether this signal will develop at the market open or not. 2 - The Awesome Oscillator (AO) is near the zero level, providing no clear signals. It's best to wait for a significant increase in the positive or negative area, indicating a price movement in that direction. 3 - In this situation, a selling entry point can be placed at the level of 1.17339, with a price drop expected to continue down to 1.17250 upon breakout and confirmation. 4 - Buying under current conditions can be considered from the level of 1.17457, with a price rise potentially extending to 1.17620 upon a strong breakout and confirmation.