EURUSD seems like is going to duplicate itself and the duplication level is indeed 1.1700. It also confluences with the D1 spike from August 25th. I believe this could be a great sell opportunity so follow the plan below.
D1 – double waves, strong resistance zone
Wait for the pair to reach 1.1700 and break above it. Once we get a bearish candle pattern on the H4 chart, sell the pair. Protection should be placed above last high that will be created. As a first target aim 1.1500 then 1.1230
Yours,
Vladimir
Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of March…
Europe’s bonds will struggle to bounce back from a sharp selloff triggered by the war…
Hi Traders! GBPUSD short term forecast and technical analysis is here. We do our analysis…
Hi Traders! SP500 short term forecast update and follow up is here. On December 18th,…
Hi Traders! AUDNZD short term forecast and technical analysis is here. We do our analysis…
Hi Traders! USDJPY short term forecast update and follow up is here. On January 29th,…