EURUSD
Price has clearly bounced at the 61.8% Fibonacci and broken the resistance (magenta). The wave Y (red) are the first targets for an upside trend, although horizontal resistance must always be taken into account.
Although price seemingly complet
...EURUSD
Price has clearly bounced at the 61.8% Fibonacci and broken the resistance (magenta). The wave Y (red) are the first targets for an upside trend, although horizontal resistance must always be taken into account.
Although price seemingly complet
...EURUSD
Price did break above resistance (magenta) but stopped at horizontal resistance. Let’s take a look at the break on a lower time frame.
Although price seemingly completed 5 waves, the wave count could get extension (green arrows) before making a
...EURUSD
Price stopped at the 61.8% Fibonacci retracement level and seems to be close to support (green and blue). A break above resistance (magenta) could indicate the completion of wave X (red) and a potential break out (green arrows).
Here too the 1
...EURUSD
Price stopped at the 61.8% Fibonacci retracement level and seems to be close to support (green and blue).
Price is moving in a down trend channel (purple) and has positioned itself in a bounce (green arrows) or break spot (red arrows).
60 min ch
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