very harmonic market on eurusd
Updated
hey guys,
I want to share with you my thoughts concerning euro dollar pair:
as you see, from January 2019 the market is going down in a falling parallel channel.
analyzing this channel, we can notice that bullish and bearish legs are very similar inside the channel,
and for 2,5 months the market is very harmonic.
with that in mind, we can identify a potential reversal zone, projecting recent bullish impulse leg
from the market lower low.
and also we can identify a target, projecting a recent bearish impulse leg form our potential reversal zone.
lets see how it will go!
good luck!
Note
The market is still has space to go higherNote
the market almost riched a selling zone
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