EURUSD has trended down since May and to a greater degree since January 2021.
Presently there may be a reversal opportunity based on a present harmonic.
I suggest a reversal zone area and an entry point to ensure the trend is reversed.
Suggested targets and a stop are shown .
Additionally we are at the middle point of a defined channel, often a reversal area.
The bottom oscillator is nearing a turn up.
Not investment advice...do your own due diligence.
S.
Presently there may be a reversal opportunity based on a present harmonic.
I suggest a reversal zone area and an entry point to ensure the trend is reversed.
Suggested targets and a stop are shown .
Additionally we are at the middle point of a defined channel, often a reversal area.
The bottom oscillator is nearing a turn up.
Not investment advice...do your own due diligence.
S.
Comment:
More realistic targets have been applied
Comment: