EURUSD M - Watch out for this week
Hello everyone!
Given this long-term analysis because it seems particularly interesting to me.
I saw a possible rebound signal,% R oscillator is oversold and the TSI is bullish.
The signal arrives after a restart from a triple minimum (in divergence).
I have marked the structure in which we find ourselves and I consider it very interesting:
a) Broken and tested bearish TL;
b) The 1x1 of Gann supports, the trend is in equilibrium;
c) The monthly pivot point is an obvious static support;
d) we are at 50% of the Fibonacci level (strategic level for many traders);
e) on the other hand inertia and momentum are still bearish (red impulse system bar).
At the moment I am waiting, also seen the red impulse and that between Wednesday and Thursday there will be meetings of the FOMC and the ECB.
It seems a positioning of the "strong hands" in view of the decisions that will be taken this week.
Given this long-term analysis because it seems particularly interesting to me.
I saw a possible rebound signal,% R oscillator is oversold and the TSI is bullish.
The signal arrives after a restart from a triple minimum (in divergence).
I have marked the structure in which we find ourselves and I consider it very interesting:
a) Broken and tested bearish TL;
b) The 1x1 of Gann supports, the trend is in equilibrium;
c) The monthly pivot point is an obvious static support;
d) we are at 50% of the Fibonacci level (strategic level for many traders);
e) on the other hand inertia and momentum are still bearish (red impulse system bar).
At the moment I am waiting, also seen the red impulse and that between Wednesday and Thursday there will be meetings of the FOMC and the ECB.
It seems a positioning of the "strong hands" in view of the decisions that will be taken this week.
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