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Steve666
Nov 17, 2021 8:54 PM

EURUSD...A Near Term Reversal ?? Long

Euro Fx/U.S. DollarFXCM

Description

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.

Comment

More realistic targets have been applied

Comment

Comments
Steve666
Thanks for your input. No certainties for sure. Realizing and getting the direction correct is just the first step.
SmartXbot3AutoTrade
this is too optimistic for eurusd tbh.. but good luck.. i cant see Euro strength atm
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