FX.co ★ berta.hill | EUR/USD

Good day everyone! In line with the overall bullish sentiment on the EUR/USD currency pair, this morning a buy signal was triggered on the M15 timeframe, easily identifiable by the simplified Synergy system pattern. The TDI indicator showed a bullish cross followed by an arrow, and the final trigger in the form of a level cross initiated a buy trade, allowing for a profit of around 15 pips with minimal drawdown, following the trend. Currently, the price has retraced after hitting yesterday's high at 1.0740 and is heading downwards. A sell signal is starting to form on the M15, but since it's against the trend, taking it is risky. It's better to wait for a deeper pullback and then enter a buy trade based on the signal from there, if the other conditions remain unchanged. Also, it's important to consider the Friday effect - not expecting strong movements, unless there are significant news releases in the evening. Wishing everyone good luck!