EURUSD Hits Resistances—Reversal Incoming?

14 Şub

As I expected in the previous post, the EURUSD(EURUSD) touched my Targets and is creating the second top of the ascending channel.

The EURUSD is in the Resistance zone($1.0537-$1.04500), Potential Reversal Zone(PRZ), Resistance lines, and Time Reversal Zone(TRZ) near the Monthly Resistance(1) and the upper line of the ascending channel.

In terms of Elliott wave theory, EURUSD seems to be completing microwave 5 of the main wave C of the Zigzag Correction(ABC/5-3-5).

I expect the EURUSD to start falling soon, and it is likely to form a Head and Shoulders Pattern to continue the decline.

Note: If EURUSD touches $1.055, we can expect more pumps.

Please respect each other's ideas and express them politely if you agree or disagree.

Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame.

Be sure to follow the updated ideas.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

15 Şub

İşlem aktif

Trade was activated before the market was closed

18 Şub

İşlem kapandı: hedefe ulaştı

First Target Done

19 Şub

Not

Full Target Done