Hello friends
Contrary to the predictions of economic sites, the dollar rose strongly on Friday, causing the euro to fall
However, in the previous analysis, I had announced that the price will remain in the range for some time
According to price action analysis (which I strongly believe in), and some indicators, it seems that the price is still trending lower.
I still expect the price to drop in the weekly and daily (and even monthly) timeframes
And maybe we have corrections in small time frames that can be checked during the trading day
My target 1: 1.0740
And after correcting and getting approval to continue reducing:
My target 2: 1.0645
*Be profitable
Thank you for expressing your opinion with likes and comments
Contrary to the predictions of economic sites, the dollar rose strongly on Friday, causing the euro to fall
However, in the previous analysis, I had announced that the price will remain in the range for some time
According to price action analysis (which I strongly believe in), and some indicators, it seems that the price is still trending lower.
I still expect the price to drop in the weekly and daily (and even monthly) timeframes
And maybe we have corrections in small time frames that can be checked during the trading day
My target 1: 1.0740
And after correcting and getting approval to continue reducing:
My target 2: 1.0645
*Be profitable
Thank you for expressing your opinion with likes and comments
Trade active:
Target 1 Reached
Trade active
Trade active
Comment:
I think the price is in the range of 1.080 and 1.0845 (and maybe 1.0879) for some time
And then it will be downward
* Do not forget the stop loss
And then it will be downward
* Do not forget the stop loss
Comment:
Flag formation in 4H time frame
And Completed in pullback flag pattern
My target today: 1.0781
And Completed in pullback flag pattern
My target today: 1.0781
Trade active
And the upward trend is to form the right shoulder