I was analyzing EURDOL and found that there could be two scenarios.
The first scenario in long, where the trend remains within the channel where it has been for months and will try to take TP2 (UP) to complete its cycle.
The second scenario in short, using the trendline method I noticed that there will probably be a breakout of the trend that has been going on for...
Hi guys, I share with you this analysis made by the usual method.
The trend is trying to take TP2 but resistance is present so I would advise you to enter post hurdle.
I'm so looking to the graphic, and it's possible an inversion of trend, because where is present the "Resisting zone" is double MIN.
if the stopping the trend maybe take the first TP and in case that the trend inverted (in up) take the second TP.
What you think of this analyses?