Pay attention to the following: 1- In the daily time, pullback has not happened yet 2- Close to the important resistance area of the Andrews 3- Close to the trend line 4- Approaching moving 200
Completion of the pullback after the failure of the progress process in 4 hours time
Euro went up with an accelerated movement, now it has reached the following resistances simultaneously in this range: 1- Downward trend line 2- Middle line of Andrews fork in a valid fork 3- 200 moving average
This is a scary pullback, but only a pullback and the main move in the 4-hour time period is upward and now it has reached its important supports and it will probably move up when the stops are activated.
Due to the very good reaction to the middle line and strong return, it can be a good area to enter
eurusd has broken its trend and is ready to move towards 131 with the completion of the pullback
According to the Makdi divergence, it is possible to predict the break of the downtrend line, and in the first step, it is prone to increase by 55 pips.
The probability of a return to the Middle line is high. This analysis is based on Price Action. I hope it is useful
The weekly timeline trend line is broken and now the completed pullback is ready to grow with the news
After completing the pullback, after breaking the weekly trend line in the lower fractal, we will see a return.