My past predictions have come true. After touching the pod 1.172 ... ... the price started to rise again.
As I have said many times, the price of this pair develops in waves. Growth waves (usually 2-3) and falling waves alternate. As you can see on the Weekly (pay attention to the TF!) Chart: - in 1995 and 1998, two global waves of decline developed. - from 2002 to 2008 - growth. - from 2008 to 2015, the price was falling (with corrections, of course). - and since 2016 it has started a new wave of growth. Now the price is forming the growth of the second wave, which began to develop in April 2020. I expect the price to complete the rally in the wave before it starts falling. Long-term target for EURUSD 1.284.
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European stocks posted strong gains today, rising to record levels as investors watched for signs of strong global growth
UnknownUnicorn15614419
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Wow! This is a very serious analytical work! Thank you very much for sharing with us. I am sure that many will find this useful, especially for novice traders. I am wondering for what period this growth forecast is calculated?
DeGRAM
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@TradingStat, Thanks bro.
TradingAlchemist
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friend you genius. after green there will be red? how soon can i sell or still do not even count on it?
Solldy
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Delightful SIR! How do you do that? It will take so much time! Thanks for doing this for us! Thanks to you, I learned a lot of useful information that I could not find anywhere else!