EURUSD Correcting – Another Fall Ahead?

7 hari yang lalu

Today I want to analyze EURUSD(EURUSD) for a 15-minute time frame and whether EURUSD is ready to fall or not.

EURUSD is moving in a Heavy Resistance zone($1.0537-$1.04500). It also moves in the descending channel in the 15-minute time frame.

According to the theory of Elliott waves, it seems that EURUSD has completed its 5 downward waves, and we should wait for corrective waves. I expect corrective waves to end either in a descending channel or eventually at a Resistance zone($1.0493-$1.0480).

I expect EURUSD to attack the Support lines in the coming hours, and if the Support lines break , we should expect a decline to at least 100_SMA(4-hour).

Note: If EURUSD breaks the Resistance line, we can expect more pumps.

Please respect each other's ideas and express them politely if you agree or disagree.

Euro/U.S.Dollar Analyze (EURUSD), 15-minute time frame.

Be sure to follow the updated ideas.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

6 hari yang lalu

Trade aktif

As long as EURUSD has not managed to break the Heavy Resistance zone($1.0537-$1.04500), we can hope for bearish patterns like the Bearish Bat Harmonic Pattern.

If the Heavy Resistance zone($1.0537-$1.04500), we can wait for the EURUSD pump.

4 hari yang lalu

Trading ditutup: target tercapai

Full Target Done