TradingView
FirstNameHelen
Jan 16, 2024 2:44 PM

HelenP. I Euro can little correct and then make impulse up Long

Euro Fx/U.S. DollarFXCM

Description

Hi folks today I'm prepared for you Ripple analytics. Some time ago price declined to the 1.0830 support level, which coincided with the support zone, and at once rebounded and made a strong impulse up to the 1.1000 resistance level, but soon turned around. After this, the Euro made an impulse down to the trend line, breaking the 1.0830 support level, but in a short time later price rose back and even soon reached the resistance level again. Then price made little correction, after which the EUR continued to rise and reached 1.1130 points, breaking the 1.1000 resistance level, which coincided with the resistance zone. But soon, the price turned around and made a strong downward impulse lower than the resistance level, breaking it one more time. Next, the Euro some time traded near this level and later in a short time declined to the trend line. At the moment, the price continues to trades near this line and for my mind, the Euro will decline below the trend line and then turn around and start to rise. So, for this case, I set my target at the 1.0940 level. If you like my analytics you may support me with your like/comment ❤️
Comments
Xanrox
1.083 must hold, otherwise I am bearish.
MyCryptoParadise_Nathan
Your target at 1.0940 seems well-founded.
EMA_Trading
Keep it up.
Arazmajeed
Excellent work 👏 thanks for sharing..
Nova-Scalper
NOVA really enjoyed your ideas, great work
More