๐EURUSD is moving in the ๐ดResistance zone()๐ดand near the Resistance line and 200_EMA (4-hour) and ๐ฃMonthly Pivot Point๐ฃ.
๐According to the theory of Elliott waves, EURUSD has managed to complete a Zigzag correction(ABC/5-3-5).
๐กAlso, we can see Regular Divergence(RD+) between two Consecutive Peaks.
๐I expect EURUSD to move towards the ๐ฏTargets๐ฏ I specified on the chart after breaking the Uptrend line.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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