BULLISH EURUSD!! - Analysis FOREX

EURUSD

My speculation will be BULLISH in the next couple of days for EURUSD Pair!

As seen we are forming a parallel upwards slope. Indicating a possible bounce support on the dynamic support zone.


Why this Speculation?

1) Dynamic support zone is being retouched in a uptrend (higher high & lower lows)

2) CCI is rising UPWARDS under the undervalued area

3) Price will probably burst thru this dynamic volume indicator as this is a discount area - Seen as previous dataEURUSD



When we would be a perfect entry? - MOST IMPORTANTLY WHEN SUPERTREND TURNS GREEN

Dynamic trend line retest ✔️
CCI ✔️
Moving above dynamic profile vol. ✔️
SUPERTREND (customized) TURNING GREEEN ✔️✔️✔️


Other scenario would be a break of previous supply area and it would turn out as opposite


Take a 75 pip profit

- David van Delden