InvestMate|EUR/USD Another wave of declinesðķðĩ
ðķðĩEUR/USD Another wave of declines.
ðķðĩPost is a direct continuation of the previous post:
ðķðĩAfter a beautiful wave of declines, the American session brought increases.
ðķðĩThey 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.
ðķðĩI determined the first support zone based on the cluster of the level 1.272 of the current downward wave and the double bottom.
ðķðĩI 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.
ðķðĩThe scenario I'm playing out is a rebound from the resistance zone and a continuation of the southward movement.
ðķðĩ*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
ðIf 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.ð
ðķðĩPost is a direct continuation of the previous post:
ðķðĩAfter a beautiful wave of declines, the American session brought increases.
ðķðĩThey 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.
ðķðĩI determined the first support zone based on the cluster of the level 1.272 of the current downward wave and the double bottom.
ðķðĩI 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.
ðķðĩThe scenario I'm playing out is a rebound from the resistance zone and a continuation of the southward movement.
ðķðĩ*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
ðIf 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.ð
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