EUR/USD Buy Forecast 1.9% Goal 10 mar 24
Trend Analysis:
(Daily TC) - Bull Market, total trend life since last (pullback Round 1.08334) = 1.02%, market would only need +1.94% / +2% to fulfil bullish side (Volatility TP @1.11529),
market already Passed 3% resistance area sitting @(0.5%)
Candles averaging +25% pips = confirmed +18% breakout
Structure:
(3/10/24 (update))
Healthy bullish market all other signs signaling continuation
Keep watch of MAs, currently 50 EMA bouncing off of 200 EMA under the 100 EMA, expecting to continue as it is on the path to cross to the bull side = Ma's averaging range Round 0.20%
Support & Resistance Levels:
(3/10/24 (update))
(Low =1.09226) , (High = 1.09612)
Crossovers & Moving Averages:
MA's 30% away from crossing 1Hour low
Risk Management:
0.4% = pullback / breakout
(-0.35%) = Abort trade
Objective & Targets:
O & T 1: Reach 0.7% TP1 goal expect retracement of 20%
O& T 2: Reach TP2 @ 1.9% Or expected Volume dump TP @1.5%
(Daily TC) - Bull Market, total trend life since last (pullback Round 1.08334) = 1.02%, market would only need +1.94% / +2% to fulfil bullish side (Volatility TP @1.11529),
market already Passed 3% resistance area sitting @(0.5%)
Candles averaging +25% pips = confirmed +18% breakout
Structure:
(3/10/24 (update))
Healthy bullish market all other signs signaling continuation
Keep watch of MAs, currently 50 EMA bouncing off of 200 EMA under the 100 EMA, expecting to continue as it is on the path to cross to the bull side = Ma's averaging range Round 0.20%
Support & Resistance Levels:
(3/10/24 (update))
(Low =1.09226) , (High = 1.09612)
Crossovers & Moving Averages:
MA's 30% away from crossing 1Hour low
Risk Management:
0.4% = pullback / breakout
(-0.35%) = Abort trade
Objective & Targets:
O & T 1: Reach 0.7% TP1 goal expect retracement of 20%
O& T 2: Reach TP2 @ 1.9% Or expected Volume dump TP @1.5%
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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.
Related publications
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.