Euro / U.S. Dollar

EURUSD and the future trend

Updated

Hello Friends, trying to find future direction and important higher time frames price lines using trend line tools and candlestick pattern only .
This is a start some more graphics will be added shortly.

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weekly price opened above 1.08587 and closed above it

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next week

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normal day range (green zones), would act as R&S w.r.t opening price

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4H inside bar range dashed yellow

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EOD

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new day (green)

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today

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almost closed at day levels (green)

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today

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EOD

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weekend closed below the montly level

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price got support at 12M level now at important 6M level

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still following higher levels

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again at 12M level at the end of the year

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progress of the idea at the end of 2024

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