Worth noting that EURO moves in tandem with GOLD (XAU) quite closely. Euro is sitting at a strong weekly liquididty zone, buyers are pushing it up even tho intraday says sell. It's worth backing the big movers and working off a larger time frame. Increasing sl and tp / reducing reward to compensate for what could be a bit of sideway market movements. Dollar has...
EURUSD the penetrated lower bound on recent price action with the initial legs of a forecasted expanded flat being invalidated. Now we should be looking for the termination of the current flag on successful break of 1.14500 and allow prices to rally north straight into the downward trendline connected from the yearly highs. Price action developments have been...
Follow 1,2 and 3 resistance level as i mentioned above in detail. WMA line BLUE Line (5) if its help full please let me know .
My past EURUSD charts are linked to everyone, and i work on the same chart with the past analysis and trend. Bull and Bear is on wait, lets see which resistance it cross first. AND everything is mentioned above there in the chart clearly.
rejection here already and lower ? see zone markedo ut
ACCORDING TO ELLIOT WAVE, WE COULD BE IN A SHORT TERM CORRECTION UP-TRENDING B-C. LOOKS LIKE PRICE IS BREAKING INTO THE 1/2 GANN CORRIDOR WHERE IT MIGHT FIND SOME SUPPORT WITH .5 FIB/GANN SITTING AT THE SAME LEVEL. FROM THERE PRICE PRICE COULD BE APPROACHING THE 100 EMA WHERE WE MIGHT FIND STRONG RESISTANCE WITH .736 FIB SITTING AT THE SAME LEVEL. FROM THERE A...