EUR/USD Analysis Based on Engulfing Zones:
The red zone that has been marked is based on a weekly engulfing sell. The market has already touched this zone and dropped from there.
Now, among the green zones marked, the first one is taken from a 4H (4-hour) engulfing pattern, which has slightly less potential compared to the weekly one. However, the market can still go for a buy from here.
For now, wait until the market taps into any of the buy zones—then we can look for buy opportunities.
Three zones have been marked.
DYOR (Do Your Own Research)! Not Financial Advice.
The red zone that has been marked is based on a weekly engulfing sell. The market has already touched this zone and dropped from there.
Now, among the green zones marked, the first one is taken from a 4H (4-hour) engulfing pattern, which has slightly less potential compared to the weekly one. However, the market can still go for a buy from here.
For now, wait until the market taps into any of the buy zones—then we can look for buy opportunities.
Three zones have been marked.
DYOR (Do Your Own Research)! Not Financial Advice.
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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.
Join My Telegram Channel For Getting Free Signals and Analysis 👇👇
t.me/fxinsighthub7
t.me/fxinsighthub7
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.