🔰You can see the analysis of euros in US dollars in a two-hour time frame (EURUSD _ 2H)🔍🧐
✴️As is evident from the image, the price is moving in a descending parallel channel (black🖤 channel). After breaking the bullish parallel channel (purple💜 color) in the main bearish parallel channel (black🖤 color) the price has fallen to the DEMAND💛 range. The price can rise up to its SUPPLY💛 range as specified in the picture❗❗ However, if it breaks the DEMAND💛 range downwards, it can descend to the bottom line of the downtrend channel and the 1.618 Fibonacci retracement range (orange🧡) drawn from the A_B point❗🧐
In your opinion, the price will move according to which scenario, GREEN💚 or RED❤️ ❓❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
____________📈TRADER STREET📉_______________
✴️As is evident from the image, the price is moving in a descending parallel channel (black🖤 channel). After breaking the bullish parallel channel (purple💜 color) in the main bearish parallel channel (black🖤 color) the price has fallen to the DEMAND💛 range. The price can rise up to its SUPPLY💛 range as specified in the picture❗❗ However, if it breaks the DEMAND💛 range downwards, it can descend to the bottom line of the downtrend channel and the 1.618 Fibonacci retracement range (orange🧡) drawn from the A_B point❗🧐
In your opinion, the price will move according to which scenario, GREEN💚 or RED❤️ ❓❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
____________📈TRADER STREET📉_______________
