EUR/USD Start of correction in the weekly time frame
Hello friends
The price trend broke the ceiling of the descending channel and performed an upward movement with strength
However, I have been waiting for this move for a while
And this upward movement is a correction for the weekly downward movement in my opinion
At the moment,
In addition to dealing with the MA50 in the daily time frame, the price
It is located in the range area
At the same time, in the 4H and 1H timeframes and lower timeframes, the RSI is greater than 70 or close to 100.
And by checking MACD and.....
I expect the price to decline to the support zone
be profitable
Thank you for expressing your opinion with likes and comments
The price trend broke the ceiling of the descending channel and performed an upward movement with strength
However, I have been waiting for this move for a while
And this upward movement is a correction for the weekly downward movement in my opinion
At the moment,
In addition to dealing with the MA50 in the daily time frame, the price
It is located in the range area
At the same time, in the 4H and 1H timeframes and lower timeframes, the RSI is greater than 70 or close to 100.
And by checking MACD and.....
I expect the price to decline to the support zone
be profitable
Thank you for expressing your opinion with likes and comments
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