EURUSD Weekly
Greetings and best wishes to all financial market enthusiasts,
This is a long-term analysis of the weekly chart of the Euro, showcasing a simple and clear chart that highlights a very beautiful bearish pattern. Now all we need is a little patience to understand which direction the price will take in the coming months: bearish or bullish?
If the price enters our specified zones and we receive our bearish confirmations, we will enter a sell trade and maximize our profits from this beautiful pullback to this area.
In the second scenario, however, the currency may break the weekly structure with strength and decisiveness, initiating a long-term bullish trend. In this case, the path to targeting its two previous peaks will be clear, and we can enter buy trades at suitable positions, with our targets set at those two earlier peaks.
In any case, we will wait and, at the right time, align ourselves with this powerful currency to achieve our maximum desired profit.
The chart has been drawn in a very simple and clear manner for the benefit of dear friends and lovers of financial markets. Every trade carries risks, and these risks must be acknowledged so we can take appropriate action.
Wishing you success and prosperity!
This is a long-term analysis of the weekly chart of the Euro, showcasing a simple and clear chart that highlights a very beautiful bearish pattern. Now all we need is a little patience to understand which direction the price will take in the coming months: bearish or bullish?
If the price enters our specified zones and we receive our bearish confirmations, we will enter a sell trade and maximize our profits from this beautiful pullback to this area.
In the second scenario, however, the currency may break the weekly structure with strength and decisiveness, initiating a long-term bullish trend. In this case, the path to targeting its two previous peaks will be clear, and we can enter buy trades at suitable positions, with our targets set at those two earlier peaks.
In any case, we will wait and, at the right time, align ourselves with this powerful currency to achieve our maximum desired profit.
The chart has been drawn in a very simple and clear manner for the benefit of dear friends and lovers of financial markets. Every trade carries risks, and these risks must be acknowledged so we can take appropriate action.
Wishing you success and prosperity!
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.