Euro moved in Descending Channel more than one year, and these days we saw that the Euro was able to break lower line of Descending Channel, from my idea, this break can be a fake-out and Euro will back again to its channel.
I have some reasons for this fake-out: Euro is at my TRZ (Tiem Reversal Zone) +Junction between 61.8% Fibonacci line of Pitchfork and 25% Fibonacci line of Pitchfan + Cluster of Fibonacci (PRZ(Price Reversal Zone)) + Also we can see support zone and an Important Support Line under the current price of Euro.
🔅Euro can go UP from the Current Price at least until the lower line of Descending Channel, and in the next step can touch the middle line of the Pitchfork.
🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 4h⏰
🟢Price Reversal Zone(PRZ): 1.0907$ until 1.0894$ =Cluster of Fibs
🟢Support Zone: 1.0776$ until 1.0725$
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
I have some reasons for this fake-out: Euro is at my TRZ (Tiem Reversal Zone) +Junction between 61.8% Fibonacci line of Pitchfork and 25% Fibonacci line of Pitchfan + Cluster of Fibonacci (PRZ(Price Reversal Zone)) + Also we can see support zone and an Important Support Line under the current price of Euro.
🔅Euro can go UP from the Current Price at least until the lower line of Descending Channel, and in the next step can touch the middle line of the Pitchfork.
🔅Euro/U.S.Dollar Analyze ( EURUSD ) Timeframe 4h⏰
🟢Price Reversal Zone(PRZ): 1.0907$ until 1.0894$ =Cluster of Fibs
🟢Support Zone: 1.0776$ until 1.0725$
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🔥💵Euro/U.S.Dollar💵Analyze !!!🔥 (Update)❗️
Running Well, Also TRZ worked.✅💵