EURUSD Other Perspectives

15 Kas 2023

Check out my previous 2 ideas done on EURUSD to get a better picture if interested.

Three of many counter argument you can have over my previous analysis.
1. Long term downtrend being mitigated
2. On going Cup & Handle formation
3. Possible future (bigger) C&H formation

All three indicate upside.

Also, for each of the above
1. Price can easily reject, as it's done previously
2. Targets don't always reach
3. Wait for actual formation

There are always arguments, counter arguments and counter counter arguments to be made. All we can do is speculate and be patient. Markets will eventually leave a clear footprint.

No trades to be taken on this pair for now by me. As soon as I see something I will post, stay tuned.

Thank you,

EURUSD EURUSD DXY DXY

18 Ara 2023

İşlem aktif

Could this be the bigger C&H?

To be clear I'm not saying it should play out this way, just always nice to have a look at different perspectives to make your own decisions.

Till next time, enjoy!