I expect a drop to at least50% on the Daily time frame. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
This could turnout to be a breakout or a retracement. Either way, there is a likely rise. Sustained breakout from the next resistance could lead to the top resistance. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
The huge breakout on the first Friday of the Month from the discovered FLAG CHANNEL has led to the longs on the Euro. I await a mild retracement before getting proper longs. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
I am still bearish biased. I expect a solid break of the Bullish Channel in coming hours, and the next Profit is seen to be in the (C) region. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
In my observation, I assume that the trend has confirmed the change to the downside. Trade with care. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
I expect a decisive reaction from the Rectangle area in coming hours or days. We should either get a long term reversal or a short term continuation upside from there. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.