Euranalyse
long movement appearedHello traders,
this is the daily chart and
now the market is closed and current bar has no fuel to keep rising, so next few bars we may see down bars to test the latest area if there are some supply to absorb. then sequence 2 flying up ... all the study depend on VSA
It is just your personal desicion if you win or lose, be careful and follow your own Strategy and System!
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EUR/USD is finished the down movement, more than 90 pips incominHello traders, as you see this is VSA sequence and this down movement is finished, the market declined to make any lower prices, even in the daily chart we have stopping volume or stopping the down movement bar, it means the correction is finished in the up trend,. now the trend should continue rising and in the next few days we expect new highs,
don't forget in the monthly chart we in an accumulation area! from many years the market is ranging or sidewalk market! the accumulation is done and the price is ready to jump off the box ;)
well this analysis is really simple and it's more simple for people who know little about VSA and Wyckoff methods.
It is just your personal desicion if you win or lose, be careful and follow your own Strategy and System!
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Good chance to sell 800 points / 80 pips.We have a weak background, it indicate to a down trend movement, this bar called upthrust is the sign, then we got this no demand bars then the market fall, also we got a new no demand bar, low volume bar is a very good sign to continue falling. I expect another 80 pips to TP2