The EUR USD on a daily chart shows consecutive bullish trends hitting off a support line, as shows 3 support lines, in which the market bounces off, shows a potential 4th bounce to the upside.
the distance between previous supports are almost identical.
A possible opportunity, i usually trade harmonics, but this was just a small observation into trend analysis.
the distance between previous supports are almost identical.
A possible opportunity, i usually trade harmonics, but this was just a small observation into trend analysis.
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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.