Latest news from today put massive bearish pressure on the Euro. If there are no surprises the pair should visit at least 1.10 – 1.1020 (opposite bollinger band on the daily chart) In my opinion we should be looking to sell rallies in double waves.
Technical Analysis:
H4/H1 – bearish double wave cycle
Entry:
H1 – wait for either a Triangle/Flag pattern for the correction or a double wave up before selling.
Target 1: 1.1108
Target 2: opposite Bollinger Band on D1
Stop Loss: above last high created
Video Explanation:
Hi Traders! Litecoin short term forecast and technical analysis is here. We do our analysis…
Hi Traders! Dow Jones short term forecast and technical analysis is here. We do our…
The new trading week begins after an extremely volatile period across global markets. Geopolitical tensions…
Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of March…
Oil prices rose more than 2% on Thursday, extending a rally as the escalating U.S.-Israeli war…
Hi Traders! GBPUSD short term forecast and technical analysis is here. We do our analysis…