In the EURUSD currency pair chart, we see the price approaching a strong supercomo, so everything depends on this cloud.
If the price can't reach the A range, we expect it to rise above the cloud and even rise to Target 1.13344.
If the price can enter the range A, there are two modes.
1. If it enters with a strong downtrend and breaks the Sancho B line (the red line of the supercomo) and leaves the cloud, we expect the price to fall to 1.12262.
2. If he can't get out of the cloud easily, we generally expect him to play in the cloud and then out of the cloud and hit Target 1.12508.
. Note that this analysis was performed in a one-hour time frame.
If the price can't reach the A range, we expect it to rise above the cloud and even rise to Target 1.13344.
If the price can enter the range A, there are two modes.
1. If it enters with a strong downtrend and breaks the Sancho B line (the red line of the supercomo) and leaves the cloud, we expect the price to fall to 1.12262.
2. If he can't get out of the cloud easily, we generally expect him to play in the cloud and then out of the cloud and hit Target 1.12508.
. Note that this analysis was performed in a one-hour time frame.