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ForexTubers
Jun 14, 2023 11:05 AM

What EU will do for the next 10 YEARS Long

Euro Fx/U.S. DollarFXCM

Description

IDEA
Every decade has a trend. One decade is an impulse the the next is retracement.

EXPLANATION
It first takes liquidity at the beginning of the decade(old high or low).
Then impulses until around the 5th year.
The 5th year typically retraces, then continues impulsing from 6th to 10th year.

Summary:
0-1: Liquidity run
1-4: Impulse
4-6: Retracement
6-10: Impulse
Comments
zAngus
Greetings, well done on posting your first chart. We hope it was a fun learning experience. Hope you enjoy the rest of the day.

From mod @zAngus
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