Hellena | ERUR/USD: Long idea from support lvl's (ranges)
Updated
The price is close to 61,8 and 78,6 Fibonacci levels (ranges). I am considering taking long positions only at these area. The take profit is expected in the area of 1.10850.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Note
At the moment, everything is going according to our plan. Let me emphasize: entry for purchasing is STRICTLY done after the formation of a strong pattern!Note
Note
The price may update the minimum before starting an upward movement. Dear colleagues, I would like to remind you that we are in a zone where we need to find the best signal for a long position.
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Dear colleagues, at the moment the price has not yet completed the formation of the wave. I believe that next week we will see the long-awaited pattern for entering a long position!Note
The price has broken through our ranges! The news background strongly affects the price and makes analysis more difficult. A new low may be on the horizon, so be careful!Note
Dear colleagues, let's analyze what's happening.This week, the price broke the structure. It is likely that the minimum will not be updated.
Let's take a look at the forecast from May 24th. All levels have been reached, which means the price is starting to move towards the main target!
⚠️First, we need to wait for the end of the week to get more data! There is likely to be further downward movement or a correction!
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