EURUSD : A possible scenario

2024年2月5日

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

2024年2月8日

注释

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.

2024年2月8日

交易开始

2024年2月9日

交易开始

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

2024年2月16日

交易开始

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