Price completed a 3 wave structure with an obvious divergence.
This structure isn't a sustainable uptrend and it's calling for a fall, or at least a potential retracement towards 1.5960 area.
What can be the catalyst for such move?
Another impending EUR crisis?
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
This structure isn't a sustainable uptrend and it's calling for a fall, or at least a potential retracement towards 1.5960 area.
What can be the catalyst for such move?
Another impending EUR crisis?
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
免責聲明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
免責聲明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.