EURUSD, MULTIPLE TIME FRAME ANALYSIS!
Montly:
We have a bearish scenario as price is forming a H&S pattern and also price is moving
below the descending trendline.
Weekly:
Price is forming a bearish W and currently it is rejecting previous broken structure and
also is rejecting the zone of the 61.8 and 78.6 of the weekly fib.
Daily:
Price could possibly come to retest a previous broken structure and also form a H&S
pattern too.
4H:
Price already broke the last higher low of the 4h bullish trend and now we are waiting
for price to come back to the zone of the right shoulder to possibly see a new bearish
push.
We have a bearish scenario as price is forming a H&S pattern and also price is moving
below the descending trendline.
Weekly:
Price is forming a bearish W and currently it is rejecting previous broken structure and
also is rejecting the zone of the 61.8 and 78.6 of the weekly fib.
Daily:
Price could possibly come to retest a previous broken structure and also form a H&S
pattern too.
4H:
Price already broke the last higher low of the 4h bullish trend and now we are waiting
for price to come back to the zone of the right shoulder to possibly see a new bearish
push.
Trade active
Monthly: Weekly:
Daily:
4H:
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.
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.