MMM CYCLE: EURUSD

2020年3月29日

Hey guys! I hope everyone had a great trading week last week. We saw the bullish play out as projected. Even though we are in L3 there is still room for price to rise before reaching 3xadr. For now, we will continue to take buy setups in line with our analysis until we have a reason to begin our bearish cycle. If you look at the DXY you will notice it is also in L3 of a bearish cycle. Price is currently sitting on a daily zone flip giving price the potential to rise. EU and the DXY move inverse. Always use the DXY to gauge price.

Daily: Long
H4: Bearish harmonic
H1 EMAs crossed long

Look for clear entries during trading hours on the M15, 5 & 1.

Let's have a great week!

Manage all trades according to your trading plan.

***This information provided is not to be taken as a trade signal. Trends and analysis can change at any time.

Feel free to message me with questions and comments.