meszaros

EURUSD 2x Fractal...

Long
FX:EURUSD   Euro / U.S. Dollar
Currently, I have identified a rising fractal pattern in the movement of the exchange rate. The analysis shows that ATRs also double (yellow rectangle). This assumes increased volatility for next week. If the analysis is correct, the exchange rate may start to rise significantly. Target Price 1.1594 In the event that further south is on Monday, the analysis is incorrect.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.