1. High Demand Area - Every time price has been in this purple box area it has made BIG to moderate upward moves. 2. The biggest Parabolic upside move for CROUSD was after the bullish engulfing candle as marked. Now we could close today at another bullish engulfing candle again.. which means that we might expect similar up action to follow like last time (to a...
The same steps as in the first example could be happening in the exact same way again a second time. Read the boxes.
Thanks to the massive retest on the 52 cents level that then consinued to form a reverse head and shoulder, lots of technical factors point to us resuming the uptrend from here. There Also the fact that price has crossed the 60 EMA to the upside and is still at an oversold level on the stochastic are two more confirmations that we will se strong uptrend momentum...
Read The comment boxes on these charts that i have put out for you. EURUSD in my belief could be gaining enourmous strength over time and price rising thousands of pips over the next few months, and we are now at the beginning breaking point of this possibly huge uptrend.
going bullish, cought the new trend early