EURUSD : A possible scenario

5 feb

The price is near the upward trend line, and if the economic data is upward, such a scenario can be considered probable.

8 feb

Commento

The one-hour time frame has reached saturation.
If this analysis is wrong, we should see a sharp drop from now on. But in my opinion, it will go upwards.
We are witnessing a real war today. This point is the best point to sell if the downward trend is going to continue. If it moves upwards, it means that the trend change prediction was correct.

8 feb

Trade attivo

9 feb

Trade attivo

The analysis is still correct and we are moving according to the forecast.

16 feb

Trade attivo

The breaking of the trend line can be considered fake, and daily saturation can generate a lot of power and energy to rise, this power and energy can break the downward trend line, and therefore this analysis is still valid and the limit of loss is not reached.

Also, there is a possibility of forming AB=CD pattern, based on that analysis, we should go down to 1.03. But now there is good strength to start the upward trend.

We must have a plan for both situations.

Good luck