My dear traders,
This is a weekly chart that we are trying to find out some clues for buyers of EURUSD.
And more details could go back to this idea:
The bottom red zone is a support zone that EURUSD has
tested twice on weekly chart. One of them is a fake breakthrough.
Consider the red zone is a valid support zone for both weekly and daily chart,
now we are looking for an entry to
join a long trade to reach the blue zone AND THE HIGHEST
RED ZONE.
The blue channel is only a measure tool for a corrective wave to reach, it could means nothing later.
Less is more!
This is a weekly chart that we are trying to find out some clues for buyers of EURUSD.
And more details could go back to this idea:
The bottom red zone is a support zone that EURUSD has
tested twice on weekly chart. One of them is a fake breakthrough.
Consider the red zone is a valid support zone for both weekly and daily chart,
now we are looking for an entry to
join a long trade to reach the blue zone AND THE HIGHEST
RED ZONE.
The blue channel is only a measure tool for a corrective wave to reach, it could means nothing later.
Less is more!