πΆπ΅ EUR/USD Continuation of Declines
πΆπ΅ Nearest strong support zone: around the fibo 0.236 level of the wave from the bottom to the local peak.
πΆπ΅ Nearest strong resistance zone: around recent highs.
πΆπ΅ Technical environment:
- Moving averages: 50/50
- MACD: Downward trend
- RSI: Downward trend
πΆπ΅ Price action: after the strong reaction of the strengthening of the dollar yesterday, we are in the process of making an upward correction back to the area of the previous accumulation.
πΆπ΅ The scenario I am playing is to wait for the end of the correction and accumulation in order to join the upcoming downward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
πIf you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.π
πΆπ΅ Nearest strong support zone: around the fibo 0.236 level of the wave from the bottom to the local peak.
πΆπ΅ Nearest strong resistance zone: around recent highs.
πΆπ΅ Technical environment:
- Moving averages: 50/50
- MACD: Downward trend
- RSI: Downward trend
πΆπ΅ Price action: after the strong reaction of the strengthening of the dollar yesterday, we are in the process of making an upward correction back to the area of the previous accumulation.
πΆπ΅ The scenario I am playing is to wait for the end of the correction and accumulation in order to join the upcoming downward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
πIf you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.π
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π² To keep up to date with all my activities I invite you to visit my Telegram π²
π² www.t.me/Investmatez π²
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