EURUSD reached action point again

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trading above 1.1155 should iniitiate a new buying wave
...former view:
Fibo 38,2 and EMA!

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kissed the 38,2

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the data destroyed my Analysis... :(

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i mentioned the higher TF the last two days.....for thjose who forgot the Picture...
comment from yesterday evening:
Same procedure as yesterday?
Superficial it seems so, but if you zoom out a bit, you can see, that we have reached an Action Point - the downtrends upper edge - here a Rebound has to be exspected -the fibos are possible TPs of a consolidation...

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