EUR/USD 1.1300 is The Major Order Block

EUR/USD 1.1300 is The Major Order Block

Hi traders,

The EUR/USD has bounced from M L3 Camarilla & 0/8 MM confluence zone to test 1.1300 major order block. The pair is at the crossroads.

1.1300 is the major decision zone for the EUR/USD. Based on IP patterns and technical research, this is either make it or break it. Sustained rally above 1.1300 will target 61.8 fibonacci, 5/8 MM, W H3 zone 1.1380-1.1400. A rejection from 1.1290-1.1300 should make a retest of 1.1242 followed by 1.1216.

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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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Nenad Kerkez

Nenad Kerkez is an analyst and trader who has been in the market since 2008 and works closely with Admiral Markets as their Senior Lecturer and Market Analyst. Nenad covers over 25 currencies on an intraday basis and has a Masters in economics. He also developed CAMMACD TM, a proprietary trading and analysis strategy wit ever powerful pre fact setups that you can read every day. Nenad is also a valuable presenter on various FX EXPO shows, where he always presents new and interesting ways how to trade price action and protect your own investments. Further, he is the co-founder and head of Elite Currensea Trading, an educational website for currency traders.