Decoding Symmetry: EURO-USDT NeoWave AnalysisIntroduction: Unraveling Neowave Symmetry
🔮In the realm of the EURO-USDT pair, our analysis delves into the intricate dance of patterns guided by Neowave theory. A particularly intriguing revelation emerges – the formation of a symmetric pattern, with the completion of the F wave paving the way for an exploration into the unfolding G wave and beyond.
Methodology: Neowave at the Helm
🔍Our methodology centers on the principles of Neowave theory, a nuanced approach to market analysis. Through meticulous scrutiny, we've identified a compelling symmetric pattern, unveiling its layers as we navigate through the waves marked by the Neowave framework.
Symmetric Revelation: The Journey Through F Wave
📈Detailing the completed F wave, we witness the symmetry materialize. Visual aids showcase the intricacies of this pattern, providing a visual narrative of the completed phase and setting the stage for the imminent G wave.
Anticipation Builds: G Wave Unveiling
🔮In the latest chapter of our analysis, attention turns to the G wave. As we explore the anticipated movements, the chart signals potential directions and behaviors aligned with Neowave theory. This segment provides insights into the unfolding dynamics and how they align with Neowave projections.
Future Projections: H, I Wave Ascent
🌐The chart becomes a roadmap for the future as we gaze beyond the present. H and I waves beckon, and their potential directions are mapped out in the Neowave framework. This section explores the potential trajectories and implications of these forthcoming waves.
Conclusion: Navigating Symmetry for Informed Decisions
🎯As we conclude this NeoWave-infused analysis, the symmetrical journey of the EURO-USDT pair unfolds as a guide for traders and investors. The completion of the F wave and the imminent G wave offer a compelling narrative. However, prudent consideration is advised, as H and I waves await their turn, inviting a cautious yet optimistic outlook.
Disclaimer: Chart Analysis and Market Risks
🚧This analysis is based on Neowave theory and assumptions, and cryptocurrency investments carry inherent risks. Readers are encouraged to conduct their own research or seek professional advice before making any investment decisions.
USDTEUR trade ideas
USDTEURMarket just finished 1-5 Elliot wave, hit our sell zone which was formed by a market more than a year ago. if the market closes daily candle below 0.912 which is just below our entry zone it is our point to entry.
Aroon: blue line is right next to orange one in the weekly time frame, once it crosses we are heading for a down trend.
MACD :Shows a gain in upwards momentum but it is slow to catch up, once it closes below our sell zone it will give us an entry to sell, 4h and below timeframe it's already showing a loss in momentum which shows that we are heading for a sell.
Bollinger band: we are at the top Bollinger band if it bounces and closes below sell zone we are in a clear to sell
Since we finished our 1-5 Elliot wave in the uptrend, we should get retracement to 50% fib zone, and get an ABC correction before going up.
Entry: 0.912
Invalidation: 0.925
Target: 0.86
Ratio: 1:3.6
EUR USD TO 1.5 - DUMP USD INDEX TO 80 - with 20% upside for RMBhey the dollar going down down down against these giant EUR and RMB . the rise of Asian currencies also help pushes the dollar lower.
when the banks WAKES UP tomorrow finding that the dollar vaults is the WORST PERFORMER ASSET OF THE YEAR they will dump the usd debt papers on the streets and causing the ugliest drop for usd, simply because its hugely oversupplied.. only real utilize is 10% from its total money/paper printed. and negative return. they will shift usd to other yielding currencies with good interest
##my experience 12 yrs of trading all sorts of paper assets.
Food for thoughts 14-03 (EUR/USDT)Even though the EUR/USD chart is leading in determing what the price will do, which closed at 1.1952, I keep a close eye to the EUR/USDT chart and how it reacts during the time the markets are closed. As a European citizen, i'm a bit worried about the EUR/USD price.. If it sores up to, 1.30/1.40, a lot of revenue will go up in smoke.
FA (not my own analysis tho) tells us that it is likely the Euro will outrun the Dollar in the next year, but ST I saw a lot of bearish charts, which spoke of a descending channel. Turns out, it was more of a falling wedge. Blue lines indicate R/S. I'm curious what the price action will be, when the EUR/USD market opens.