EURUSD(
EURUSD) is moving in the Resistance zone($1.1310-$1.1162) while the upper line of the descending channel has been broken.
According to Elliott Wave theory, a breakout of the descending channel can at least confirm the end of a corrective wave . The corrective wave structure was a Double Three Correction(WXY).
I expect EURUSD to rise to at least $1.1337 after completing a pullback to the upper line of the descending channel.
Note: If EURUSD touches $1.11590, we can expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
EURUSD) is moving in the Resistance zone($1.1310-$1.1162) while the upper line of the descending channel has been broken.According to Elliott Wave theory, a breakout of the descending channel can at least confirm the end of a corrective wave . The corrective wave structure was a Double Three Correction(WXY).
I expect EURUSD to rise to at least $1.1337 after completing a pullback to the upper line of the descending channel.
Note: If EURUSD touches $1.11590, we can expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S. Dollar Analyze (EURUSD), 4-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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Disclaimer
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
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.