EURUSD > In-Depth Analysis for A Sell.
I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis on #EURUSD
for a while was bearish and have said I want to trade the
EURUSD to the downside, have not been able to catch many trades, but I still looking, I see the market now is not able to violate its resistance level which was a previous support level and I see the market moving to 1.1300 this view stand for 1 month - 3 months, of course, I might change my opinion if the fundamentals data do change
My plan:
the market might already complete ABDC harmonic pattern and my expectation is it going to do one more leg to complete the three-move correction and complete another ABCD harmonic pattern.
If the market comes to a 1.1740-1750 resistance level and also trendline resistance where I think the market will turn bearish.
if the market goes to my levels mentioned above I will definitely look for a valid reason to enter in a trend continuation trade with two beautiful target
Forever grateful for the time you spent here reading my analysis.
Check today's analysis below⠀
>>“ luck is when preparation meets opportunity."
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Analysis on #EURUSD
for a while was bearish and have said I want to trade the
EURUSD to the downside, have not been able to catch many trades, but I still looking, I see the market now is not able to violate its resistance level which was a previous support level and I see the market moving to 1.1300 this view stand for 1 month - 3 months, of course, I might change my opinion if the fundamentals data do change My plan:
the market might already complete ABDC harmonic pattern and my expectation is it going to do one more leg to complete the three-move correction and complete another ABCD harmonic pattern.
If the market comes to a 1.1740-1750 resistance level and also trendline resistance where I think the market will turn bearish.
if the market goes to my levels mentioned above I will definitely look for a valid reason to enter in a trend continuation trade with two beautiful target
Forever grateful for the time you spent here reading my analysis.
Check today's analysis below⠀
>>“ luck is when preparation meets opportunity."
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
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.