The analysis depends on 3 scenarios only, follow the drawing and prices
How to take advantage of this idea:
Penetrating the orange trend line, we enter a buy transaction with the aim of the black trend line
Breaking the black trend line, we will enter a buy deal with a retest, it will be a very excellent deal
Breaking the key area and holding it below it with a full candle will lead to a resounding drop, which is more likely
Our previous analysis of the EUR/USD pair:

The deal is for 3 months, the target: 3150 pips
The result: a successful transaction
How to take advantage of this idea:
Penetrating the orange trend line, we enter a buy transaction with the aim of the black trend line
Breaking the black trend line, we will enter a buy deal with a retest, it will be a very excellent deal
Breaking the key area and holding it below it with a full candle will lead to a resounding drop, which is more likely
Our previous analysis of the EUR/USD pair:

The deal is for 3 months, the target: 3150 pips
The result: a successful transaction
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.