EURUSD is in ABCD Pattern on 4Hr timeframe with a bullish divergence. Currently it is printing gradual HH and HL and is slightly above the weekly Pivot point of 1.09549 but I believe that in next couple of weeks it will go bullish and the potential reversal zone of this trend will be around 1.2430-1.3000.
Euro Index also printed a bullish divergence from 3rd to 5th January which is another signal that in coming days. Prior to that it printed bullish divergences in November and December as well.
What do you think?
Euro Index also printed a bullish divergence from 3rd to 5th January which is another signal that in coming days. Prior to that it printed bullish divergences in November and December as well.
What do you think?