EURUSD → check all possibilities
Updated
hello guys...
as you can see.. after this pair makes a three-drive pattern, start a downward movement!
now this pair engulfed the last lower low!
so what can we do now?!
the first scenario is that this pair goes upper than the gray area and confirms an upward movement until the blue area!
the next scenario is that the price never goes higher than the gray area and remains in a bearish trend!
let's see what is the price purpose!
_______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
as you can see.. after this pair makes a three-drive pattern, start a downward movement!
now this pair engulfed the last lower low!
so what can we do now?!
the first scenario is that this pair goes upper than the gray area and confirms an upward movement until the blue area!
the next scenario is that the price never goes higher than the gray area and remains in a bearish trend!
let's see what is the price purpose!
_______________________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Note
if you check dxy you can see the dxy touched the top line of the channel so we can expect every pair against the USD to go up!this analysis confirmed the first scenario
Note
In a short time frame, this pair touched the bottom line of a broken channel
👉 get a Tradingview account (broker): bit.ly/HYCM-M
________
👉 10% off with this exchange: lbank.one/join/uu83jRY
________
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
________
👉 10% off with this exchange: lbank.one/join/uu83jRY
________
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.