based on some wave counting this is what i came up with, let me know what you think.
looks like shorts are in place (2 weeks to french election), and at the 61.8 fib retracement.
EMA on the weekly chart looks interesting as well.
Hi guys, just analysed this chart and was wondering what you think?
Based on some trendines I drew a potential move downward is still open.
Furthermore I'm questioning if the EMA's on the 3H frame will cross over to the south side again as they did in the past.
What do you think?
based on previous MACD crosses and their reactions to the market, this could be a potential entry for a long position, IF the closing candle tonight doesn't upset the MACD.
Furthermore, trendlines suggest similar price continuation.
What do you think?https://uk.tradingview.com/chart/EURUSD/JdCC3sY3-EUR-USD-long/