Hi guys!!
As you can see EURUSD is in a down trend channel and right now is forming a head and shoulders , almost breaking bellow.
The red rectangle show a very strong support zone , where if you look at the daily chart you will see 3 engulfing pattern there.
If it breaks bellow the head and shoulder I think will have a exponential run down.
Just my thoughts!
As you can see EURUSD is in a down trend channel and right now is forming a head and shoulders , almost breaking bellow.
The red rectangle show a very strong support zone , where if you look at the daily chart you will see 3 engulfing pattern there.
If it breaks bellow the head and shoulder I think will have a exponential run down.
Just my thoughts!
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🌐 Grupo GRATUITO para traders no Telegam - t.me/nomadeacademy
🎓 Viver de Mercado -> O INVESTIDOR 360˚ nomadeacademy.com.br
📺 YOUTUBE - tinyurl.com/y6a7reqm
🐦 TWITTER - tinyurl.com/y64u39fd
🎓 Viver de Mercado -> O INVESTIDOR 360˚ nomadeacademy.com.br
📺 YOUTUBE - tinyurl.com/y6a7reqm
🐦 TWITTER - tinyurl.com/y64u39fd
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.