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RizeSenpai
Sep 29, 2023 2:34 PM

EURUSD: Now Breaking Down on a Higher Timeframe Short

EUR/USDOANDA

Description

EURUSD has reversed from the HOP level of a Bearish Alternate Bat after having earlier went beyond the standard PCZ, and now the EURUSD is back below the PCZ and breaking down on a much more significant timeframe both in terms of Price Action and PPO.

I think that things should continue as expected and that it will go for $1.035 and then go for the bigger targets under $1 for the reasons highlighted on the Monthly Chart below:
Comments
TheFxAce
The red flags you've identified are hard to ignore.
JoeChampion
Great job fella, i love the RR there!
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