Avril_Forex

EUR/USD The formation of a descending channel?

Alış
FX:EURUSD   Euro / ABD Doları
Hello friends

in the weekly time frame; After the formation of the Triple Top and the price meeting the MA200,
The price decreased and formed a Lower Low

I think the price has entered a downward trend
But we definitely expected Polback to continue the downward trend (goodbye kiss).

I think the pullback is over when the price hits the 1.10 range
And the price has entered a downward trend

And I expect a bearish channel to form on the daily time frame

For the next week, I am waiting for the price to rise, for the top of the channel to form

By checking the price action and several indicators, I predict the price movement as shown in the picture

Be profitable

*** Be sure to put a stop loss

Thank you for expressing your opinion with likes and comments

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.