Euro / U.S. DollarShort
EURUSD continue its downward path
hello again friends, I bring you my vision on the EURUSD
The sentiment is bearish for a long time and it is possible that it will continue because now the price shows that the supports that it had for a long time are turning into resistance, but that is not all, because if a fibonacci is drawn from the last strong impulse we realize that its retracement complies very well with levels that represent a strong trend, and the extension levels coincide with very strong supports in time, these are used to calculate profits
If my way of seeing the graph has served you, give it a like or follow me if you want to see the short-term monitoring process or possible medium operations.
The sentiment is bearish for a long time and it is possible that it will continue because now the price shows that the supports that it had for a long time are turning into resistance, but that is not all, because if a fibonacci is drawn from the last strong impulse we realize that its retracement complies very well with levels that represent a strong trend, and the extension levels coincide with very strong supports in time, these are used to calculate profits
If my way of seeing the graph has served you, give it a like or follow me if you want to see the short-term monitoring process or possible medium operations.
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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.