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DariusFxTrading
Mar 2, 2021 10:23 AM

EURUSD long or short - Supply Demand, Top Down Long

Euro / U.S. DollarFOREX.com

Description

Welcome to a new Update

Monthly:
Bullish environment. The market is currently in the Correction Phase. Long Term we can expect big moves to the upside.

Weekly:
Here we can see clearly that the market is in a bullish Flag. Moving in a very Corrective way. Currently it is also at weekly Support.

Daily:
The daily has two sides. It is currently at a daily Demand Zone. However the market could go easily more to the downside before moving up as we are still in a bearish environment

Lower Timeframes:
The key element is to wait right now for a clean Price Action Confirmation to go long or to go short.

Opinion:
I do expect from this daily demand + weekly support at least a correction move to the upside

What do you think of this Analysis? Share your opinion of this pair below.
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Comments
MMBTtrader
nice set up thanks for sharing bro
DariusFxTrading
@MMBTtrader, you are welcome ;)
ProjectSyndicate
looks Interesting
DariusFxTrading
@ProjectSyndicate, thanks mate
TRADiNG_hub
Exactly Looks Very Possible Move 🔥
DariusFxTrading
@TRADiNG_hub, yes sure
lmulhare
EURUSD is erratic right now; a clean signal is needed. Thanks Darius :)
DariusFxTrading
@lmulhare, yes I agree with that. However I still expect that correction to the upside as we want to see it from a market structure perspective ;)
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