Euro is continue optimistic about the US recovery!!!
Hello guys, in this technical analysis, investors is continue optimistic with Euro as safe-haven assets. But, to recall for you is that:
This is a bullish divergence in H1 timeframe and we see a manipulation of the zone, not entry in short, entry in the contry in short, in that case is long, because it's all institutionals that inject monye to liquidated all short position. Beware of the market trap.
Also to recall you, we could see in the formation of ABCDE, because this is another accumulation zone of the price, becuase investors is cotinue buy Euro to hold.
Now, in Daily there are a worry about it, because we could see a possible drop of the price, but the long position it's could be limited, I reccomend for you to be cautelous of what market do, for now in H1 show a market trap, but in case that was the market trap, now necceary the price is go drop in Daily, becuase the only what leading in Daily timeframe is the H4 and H1 timeframe to looking what we see.
This is a bullish divergence in H1 timeframe and we see a manipulation of the zone, not entry in short, entry in the contry in short, in that case is long, because it's all institutionals that inject monye to liquidated all short position. Beware of the market trap.
Also to recall you, we could see in the formation of ABCDE, because this is another accumulation zone of the price, becuase investors is cotinue buy Euro to hold.
Now, in Daily there are a worry about it, because we could see a possible drop of the price, but the long position it's could be limited, I reccomend for you to be cautelous of what market do, for now in H1 show a market trap, but in case that was the market trap, now necceary the price is go drop in Daily, becuase the only what leading in Daily timeframe is the H4 and H1 timeframe to looking what we see.