EURUSD Analysis==>>Pumping Soon!?
Updated
EURUSD(
EURUSD) is currently moving near the Heavy Support zone($1.040-$1.022), Potential Reversal Zone(PRZ)[$1.0370-$1.0328], and an Important Support line.
According to Elliott's wave theory, EURUSD is completing microwave 5 of the main wave 5, so we should expect bullish waves soon.
Also, Regular Divergence (RD+) between Consecutive Valleys.
I expect EURUSD to rise to at least $1.049 AFTER the Downtrend line is broken, and if the Resistance zone($1.040-$1.022) is broken, we have to wait for further increases.
⚠️Note: If EURUSD breaks the Important Support line, we can also expect the break of the Heavy Support zone($1.040-$1.022).⚠️
Euro/U.S.Dollar Analyze (EURUSD), 4-hour 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; 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.
EURUSD) is currently moving near the Heavy Support zone($1.040-$1.022), Potential Reversal Zone(PRZ)[$1.0370-$1.0328], and an Important Support line.According to Elliott's wave theory, EURUSD is completing microwave 5 of the main wave 5, so we should expect bullish waves soon.
Also, Regular Divergence (RD+) between Consecutive Valleys.
I expect EURUSD to rise to at least $1.049 AFTER the Downtrend line is broken, and if the Resistance zone($1.040-$1.022) is broken, we have to wait for further increases.
⚠️Note: If EURUSD breaks the Important Support line, we can also expect the break of the Heavy Support zone($1.040-$1.022).⚠️
Euro/U.S.Dollar Analyze (EURUSD), 4-hour 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; 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.
Trade active
(Trade was activated
After breaking the Downtrend line.
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