InvestMate|EUR/USD Swing trade to 1:1 level๐Ÿ’ถ๐Ÿ’ต

๐Ÿ’ถ๐Ÿ’ตEUR/USD Swing trade to 1:1 level

๐Ÿ’ถ๐Ÿ’ตPost is a direct continuation of the last post
InvestMate|EUR/USD Amazing precision๐Ÿ’ถ๐Ÿ’ต


๐Ÿ’ถ๐Ÿ’ตTaking a closer look, we are in an interesting place to reach the 1:1 level set by the last largest downward wave.

๐Ÿ’ถ๐Ÿ’ตI determined the resistance zone based on the cluster of levels of 0.236 of the upward impulse and 0.618 of the entire downward wave.

๐Ÿ’ถ๐Ÿ’ตI determined the support zone based on the cluster of the 1:1 level of the entire downward wave and the outer level of 1.272 of the entire upward wave.

๐Ÿ’ถ๐Ÿ’ตThe scenario I am playing out is a decline to reach the support level I have set

๐Ÿ’ถ๐Ÿ’ต*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.

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Chart PatternsdollarEUReuroEURUSDForexFundamental AnalysisshortTrend AnalysisUSD

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