🏃EURUSD is moving in the 🔴Resistance zone()🔴and near the Resistance line and 200_EMA (4-hour) and 🟣Monthly Pivot Point🟣.
🌊According to the theory of Elliott waves, EURUSD has managed to complete a Zigzag correction(ABC/5-3-5).
💡Also, we can see Regular Divergence(RD+) between two Consecutive Peaks.
🔔I expect EURUSD to move towards the 🎯Targets🎯 I specified on the chart after breaking the Uptrend line.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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