EURUSD: trend breakdown or only correction?
From November to January, the price was in an upward trend. In January, a reversal took place and the trend changed to a downtrend. He in his turn lasted until February. Where at point 1.196 the price started a new rise. During which, as a result, it broke the trend line 1.207. The price will reach the nearest 1.215 price level and fall (as a correction) back to the 1.207 level.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Note
My last forecast
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.