i am still expecting price to drop but before the USD rally i think we will see the EUR rally up more...this strategy i have been developing 2 versions too it 1st first version is looking at the chart normally and applying fundamentals and trading strategy 2nd version is still applying fundamentals but applying strategy skills in inverse formation starting from the middle and outward plotting both sides uses (more of a pivoting strategy & same pivoting rules apply if trade price is below absolute resistance execute sell if trade is on top of total resistance buy.
strategy is based off of standard pivot points, the 50% retracement rule, 50% moving average & basically off of the theory of half (50%). where I have gathered intel from weekly chart(200 MA) that represents absolute TP, very high resistance, or necessary pullback for an overall view and set dynamic support & resistance. The 4HR chart(100 MA) represents the lessor median point resistance and wil be used as TP1 (may result in continuation depending on sentiment analysis, economic outlook etc... and the 1HR chart (50% MA) represents current price & final TP ADJUSTMENT.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.