We are observing a very similar market pattern in EU as well! I’m hopeful we might see some movements similar to what we've seen with the EG pair. My expectation is for it to climb up to 1.08580 before taking a little dip down to 1.05300.
Since we've spotted three similar market structures, I think we should be a bit cautious about securing entry positions on all of them. Let’s keep a close eye on how things develop so we can make smart decisions as we go along. Staying observant and flexible will definitely be key! Looking forward to navigating this together!
Since we've spotted three similar market structures, I think we should be a bit cautious about securing entry positions on all of them. Let’s keep a close eye on how things develop so we can make smart decisions as we go along. Staying observant and flexible will definitely be key! Looking forward to navigating this together!
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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.