Considering the divergence that happened on the daily chart, I think that the price will return to the trend line Try to lose less, profits will come in time
It takes about 3 to 8 weeks to reach the resistance zone then takes 6 to 10 weeks to retest resistance zone then fully bearish to support zone try to lose less, profits come ever
I think it's a Sell Position on weekly timeframe : You can split your Lots by 3 parts as below: Entry 1 : ¼ Lots on price 155.750 Entry 2 : ¼ Lots on price 157.500 Entry 3 : ½ Lots on price 153.000 Close half of your Lots on price 147.000 SL on price 158.700 try to lose less, Profits will arrive on time
Triangle Pattern try to lose less, Profits will arrive on time
It's a Flag try to lose less, Profits will arrive on time
I Think It's a Sell Position You can split your Lots by 3 parts as below: ¼ on lower border of Resistance Zone ¼ on higher border of Resistance Zone ½ according to the Short diagram try to lose less, Profits will arrive on time
It's in a Parallel Channel so in 28 to 36 weeks will be completely bearish. Try to lose less because profits will come
I think it's bullish also it's maybe bearish because a triangle pattern can be seen. Try to lose less because profits will come #EURUSD
It's not a signal or any recommendation. Please leave your comments to help me and others.
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