EURUSDMy speculation will be BULLISH in the next couple of days for EURUSD Pair!
As seen we are forming a parallel upwards slope. Indicating a possible bounce support on the dynamic support zone.
Why this Speculation?
1) Dynamic support zone is being retouched in a uptrend (higher high & lower lows)
2) CCI is rising UPWARDS under the undervalued area
3) Price will probably burst thru this dynamic volume indicator as this is a discount area - Seen as previous data
EURUSDWhen we would be a perfect entry? - MOST IMPORTANTLY WHEN SUPERTREND TURNS GREEN
Dynamic trend line retest ✔️
CCI ✔️
Moving above dynamic profile vol. ✔️
SUPERTREND (customized) TURNING GREEEN ✔️✔️✔️
Other scenario would be a break of previous supply area and it would turn out as opposite
Take a 75 pip profit
- David van Delden
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.
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.