EURUSD is currently forming an inverted Head and Shoulders pattern and has also broken through the support level of the descending channel. My prediction is that the price will attempt to pullback to the support level of the channel and will move towards the level of 1.10000
Price is forming a symmetrical triangle and is currently on support area. Additionally, another indicator indicates an oversold condition. Therefore, I plan to buy with a take-profit (TP) level set at 1.09400.
Yesterday, my prediction successfully reached the take profit (TP) level, and currently, the price is forming an ascending channel. By conducting a Fibonacci retracement analysis, it becomes evident that the 50% retracement level is located at 1.08600 (1D TF). Based on this observation, I anticipate that EURUSD will rebound from this level and going downward to...
