InvestMate|EUR/USD Swing trade to 1:1 levelðŸ’ķðŸ’ĩ

ðŸ’ķðŸ’ĩEUR/USD Swing trade to 1:1 level

ðŸ’ķðŸ’ĩPost is a direct continuation of the last post
InvestMate|EUR/USD Amazing precisionðŸ’ķðŸ’ĩ


ðŸ’ķðŸ’ĩTaking a closer look, we are in an interesting place to reach the 1:1 level set by the last largest downward wave.

ðŸ’ķðŸ’ĩI 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.

ðŸ’ķðŸ’ĩI 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.

ðŸ’ķðŸ’ĩThe scenario I am playing out is a decline to reach the support level I have set

ðŸ’ķðŸ’ĩ*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.

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