After i postet an "idea" of EURUSD on daily chart i made an "idea" on 4h Chart because on the daily chart you can't see where the EUR is going in the close next time.
We have 2 Resistances. The first one we have touched and it pulled us back. We will go down to the 0.236 Retracement and then touch the second Resistance.
We will go dont in the next trading week. Why?
1. We are at lever 3 and there "must" be a corrective.
2. We were pulled back from the 1. Resistance.
Later..we have to possibilities:
1. We break the 2. Resistance and go up
or
2. The second Resistance will pull us back, the first will pull us back one more time..and then we go down and our trend is broken.
Thanks for Reading! Follow Please! :)
We have 2 Resistances. The first one we have touched and it pulled us back. We will go down to the 0.236 Retracement and then touch the second Resistance.
We will go dont in the next trading week. Why?
1. We are at lever 3 and there "must" be a corrective.
2. We were pulled back from the 1. Resistance.
Later..we have to possibilities:
1. We break the 2. Resistance and go up
or
2. The second Resistance will pull us back, the first will pull us back one more time..and then we go down and our trend is broken.
Thanks for Reading! Follow Please! :)