EUR/USD Very strong based idea !
This pair is expected to get in accumulation zone for about 2 weeks in range of 350-400 pips. The trend that is continuing since the New Year 19 is constantly creating the same structure formations in range of 20 days. All there structures are based on previous year major support lines. Now, its the fourth time creating same structure and if we see the bigger picture of the chart, we can recognize crossing trends from 6-7 months ago created and now crossed in the same point. This is a strong indicator that this is the last identical structure in this trend. The accumulation zone that is formed between 2 previous support lines will last about 10-11 days. When the price reaches 1.13400, in the those next 2-3 days, the price is gonna behave like a waterfall in 2300-2400 pips (1.11000). When this price is reached, we will wait a strong confirmation breakout of the trend and the price will continue downwards. All these theories are confirmed by numerous tools that I measured.
I hope you had a very profitable trading week..
I hope that the next week will be historic to you !
Good luck traders, have fun and be health !
EURUSD
I hope you had a very profitable trading week..
I hope that the next week will be historic to you !
Good luck traders, have fun and be health !
EURUSD
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