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Analysis on #EURUSD
for a while was bearish and have said I want to trade the
EURUSD
to the downside, have not been able to catch many trades, but I still looking, I see the market now is not able to violate its resistance level which was a previous support level and I see the market moving to 1.1300 this view stand for 1 month - 3 months, of course, I might change my opinion if the fundamentals data do change
My plan:
the market might already complete ABDC harmonic pattern and my expectation is it going to do one more leg to complete the three-move correction and complete another ABCD harmonic pattern.
If the market comes to a 1.1740-1750 resistance level and also trendline resistance where I think the market will turn bearish.
if the market goes to my levels mentioned above I will definitely look for a valid reason to enter in a trend continuation trade with two beautiful target
Forever grateful for the time you spent here reading my analysis.
Check today's analysis below⠀
>>“ luck is when preparation meets opportunity."
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Analysis on #EURUSD
for a while was bearish and have said I want to trade the
EURUSD
to the downside, have not been able to catch many trades, but I still looking, I see the market now is not able to violate its resistance level which was a previous support level and I see the market moving to 1.1300 this view stand for 1 month - 3 months, of course, I might change my opinion if the fundamentals data do change My plan:
the market might already complete ABDC harmonic pattern and my expectation is it going to do one more leg to complete the three-move correction and complete another ABCD harmonic pattern.
If the market comes to a 1.1740-1750 resistance level and also trendline resistance where I think the market will turn bearish.
if the market goes to my levels mentioned above I will definitely look for a valid reason to enter in a trend continuation trade with two beautiful target
Forever grateful for the time you spent here reading my analysis.
Check today's analysis below⠀
>>“ luck is when preparation meets opportunity."
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
