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InvestMate
Nov 24, 2022 10:24 PM

InvestMate|EUR/USD One more attempt💶💵 Short

Euro Fx/U.S. DollarFXCM

Description

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💶💵EUR/USD One more attempt.

💶💵After first predicting the dips beautifully, and then rushing too early to catch the next downtrend wave on EUR/USD after which the price went up some more.

💶💵Time has come for another attempt, this time from a better ceiling.

💶💵I still think a correction on EUR/USD at this point is very likely.

💶💵The support level remains unchanged, we still expect the range of the largest correction 1:1 and the 0.382 level of the whole upward wave.

💶💵This time we move the resistance zone to peaks around the 0.786 and 0.886 levels.

💶💵The scenario I'm playing out is to start a price decline to reach the support zone marked on the chart, taking into account possible corrections along the way.

💶💵*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario.

🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀


Comments
FOREXN1
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Thanks for sharing , looking for Bullish here :)
InvestMate
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@FOREXN1, You're welcome
RLinda
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It was interesting to read, keep up the good work.
InvestMate
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@RLinda, Thanks!
YMGroup
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Nice setup for EURUSD thanks mate !
InvestMate
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@YMGroup, You're welcome!
Michael_Winner
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Hmm, well, if you say so about EURUSD, the its probably true!
InvestMate
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P_S_trade
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Nice trade plan
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