We are on the floor of the channel and on the Moving 20 daily. In case of failure of the triangle, Target 100 is possible.
In this scenario, the upward movement of the euro-dollar from the bottom of 1.06 so far is coming to an end in the form of a flat-X-triangle combination. After that, it is expected that in the form of the first wave of the next pattern, the minimum price will reach the level of 1.14. The short-term trend is upward and in the long-term, the downtrend will continue.
Demand ranges are marked on the chart
Also check the previous two scenarios. Do not forget to like and follow.
Wave b of B Has become a double triangle associated with an X wave. Then we enter an ascending wave c from B and the price will reach the range of 40 thousand. Then we will enter the big C wave and price will reach 25 to 20 thousand. We are currently in wave c of the second triangle and I expect it to end in the range of 25 to 28 thousand (1.61--1.261 fib) .
We are in a B wave . The B wave is itself a flat pattern. Part b of B is a divergent triangle. And we seem to be in the form of a C wave at wave 1 and 2 of a terminal impulse. Goals of 40,000 to 46,000 can be achieved in the form of C wave.This analysis will be invalid if wave 2 passes through the end of wave e of the triangle(28805).In line charts, the limits of...
Just be patient. This is not a buy or sell signal. Confirmation is required to enter the position in the time trigger.
Just be patient. This is not a buy or sell signal. Confirmation is required to enter the position in the time trigger.
Price support clusters and weekly downtrend line, above price. Cause this potential trend.