EUR/USD 04-Aug-2024

Updated
in the monthly and weekly time frame;
For weeks, the price is in the range area
But the scope of this limited area could be very profitable for traders

It seems that the price will soon leave the range and determine its direction

My prediction is according to the pattern drawn in the chart
However, it is difficult to determine the exact direction of the trend after leaving the range

be profitable

Thank you for expressing your opinion with likes and comments
Trade active
Blue is active
Trade active
According to the past price, we are in the range area
And I still expect a blue (down) trend
A stronger opinion can be given when the market opens on Monday
Don't forget the stop loss
Trade active
From every point of view, the price should drop from this level
Otherwise I will go crazy
Chart PatternsTechnical IndicatorsTrend Analysis

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