InvestMate|EUR/USD Another wave of declines๐ถ๐ต
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๐ถ๐ตEUR/USD Another wave of declines.
๐ถ๐ตPost is a direct continuation of the previous post:
๐ถ๐ตAfter a beautiful wave of declines, the American session brought increases.
๐ถ๐ตThey stopped at first line of resistance. Resulting from the cluster of the level 0.5 of the entire downward wave and 0.382 of the largest upward correction.
๐ถ๐ตI determined the first support zone based on the cluster of the level 1.272 of the current downward wave and the double bottom.
๐ถ๐ตI determined the second support zone based on the cluster of the 1.272 level of the largest upward correction after the downward wave and the 1:1 level of the same upward wave.
๐ถ๐ตThe scenario I'm playing out is a rebound from the resistance zone and a continuation of the southward movement.
๐ถ๐ต*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
๐ถ๐ตPost is a direct continuation of the previous post:
๐ถ๐ตAfter a beautiful wave of declines, the American session brought increases.
๐ถ๐ตThey stopped at first line of resistance. Resulting from the cluster of the level 0.5 of the entire downward wave and 0.382 of the largest upward correction.
๐ถ๐ตI determined the first support zone based on the cluster of the level 1.272 of the current downward wave and the double bottom.
๐ถ๐ตI determined the second support zone based on the cluster of the 1.272 level of the largest upward correction after the downward wave and the 1:1 level of the same upward wave.
๐ถ๐ตThe scenario I'm playing out is a rebound from the resistance zone and a continuation of the southward movement.
๐ถ๐ต*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
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