Euro / U.S. Dollar

Updated

EURUSD and the future trend

Hello Friends, trying to find future direction and important higher time frames price lines using trend line tools and candlestick pattern only .
This is a start some more graphics will be added shortly.

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weekly price opened above 1.08587 and closed above it

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next week

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normal day range (green zones), would act as R&S w.r.t opening price

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4H inside bar range dashed yellow

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EOD

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new day (green)

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today

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almost closed at day levels (green)

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today

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EOD

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weekend closed below the montly level

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price got support at 12M level now at important 6M level

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still following higher levels

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again at 12M level at the end of the year

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progress of the idea at the end of 2024

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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.