The HS was created in the daily chart. However, the RSI gives you the possible signals in the weekly chart more clearly. If we can not overcome the 1.15 in the long term, we will soon see the 1.08 EURUSD.
I think the euro is far more stable than the dollar. But the market participants see it differently.
I think the euro is far more stable than the dollar. But the market participants see it differently.
Note
The current volume tells me that it does not look good. I have a preferred scenario, but will see if we can keep the 1.15 EURUSD.Note
It looks pretty good.Note
Patience always pays off.Note
The question you have to ask yourself now is:- Was that it or are we closing the gap?
- Or do we go technically into the 1.05xx range?
Trade closed: target reached
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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.