Rebound EURUSD before the start of correction
On the Euro I expect a rebound to the area of 1.1170
and the start of correction there.
The rebound was made, but the nuance is that the cumulative
continues to fall,
which means that they can still make an outburst to fill
the culmination volumes.
Without them they are unlikely to make a downward reversal.
They may reach 1.12, where there is also a strong option resistance,
and then down.
In any case, I will not enter without confirmation of volumes
and I advise you to wait for the conditions.
On the Euro I expect a rebound to the area of 1.1170
and the start of correction there.
The rebound was made, but the nuance is that the cumulative
continues to fall,
which means that they can still make an outburst to fill
the culmination volumes.
Without them they are unlikely to make a downward reversal.
They may reach 1.12, where there is also a strong option resistance,
and then down.
In any case, I will not enter without confirmation of volumes
and I advise you to wait for the conditions.
FOREX|СМЕ - t.me/newwavetrade
Crypto - t.me/kovachcrypto
Crypto - t.me/kovachcrypto
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.
FOREX|СМЕ - t.me/newwavetrade
Crypto - t.me/kovachcrypto
Crypto - t.me/kovachcrypto
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.