Key:
Green: Monthly Tend Lines. Thick Lines Outer Trend, Thin Inner Trend. (set on monthly resolution)
Purple and green lines are possible outcomes. (120 resolution)
Blue lines are points of possible trend changes.
Currently seeking the buy and sell signal as price action approaches the blue line which to me states a good entry point into a short/long...
Alright everyone this is a pretty crazy post because I am going to try and predict the end of the bearish EUR/USD.
USD/CAD is the one that helped me come to this analyzation and the monthly chart on the EUR/USD.
As you can see USD/CAD has been at an uptrend since 2013 and finally broke support around 1.23410 level after 11 weeks of consolidation on the weekly...
Eur/usd Pair in H1 timeframe create a nice Box. If box breakout in upward we are going to take long position and if its break downword we are going to short position. That's mean If price break 1.13580 point we are going to open buy trade and if price break 1.12694 point we are going to open sell trade.
I think, price may break downward mode because 50 ema, 100...
