EURUSD Third Time Is a Charm for the buy

2021년 8월 23일

Hi everyone:

Last Friday we had some reversal price action across the market, and EURUSD happens to have the best possible development among the USD pairs.

We can see the larger, descending structure correcting the price down to the higher time frame double bottoms.

Price did initially try to push higher from my previous long analysis, but failed to continue higher.

Then we see another corrective move down from the price, forming a smaller lower time frame descending channel.

Latest development shows us a bullish reversal impulse break up, out of the descending channel.
Be on the look out for any LTF continuation correction for the buy up to the recent highs and top of the descending structure.

thank you

2021년 8월 23일

노트

Higher time frame:

2021년 8월 27일

노트

2021년 8월 31일

노트

2021년 8월 31일

노트

Just got tagged out for both positions for total of 7.9% profit.