EURUSD | The best entry point to buyð
Hello traders , Our goal in this analysis is to give you an overview of the future of symbolism.
In this analysis, we examined wave 1 at higher timeframes.
In wave 1, microwaves 1, 2, 3 and 4 are complete and now we are in wave 5.
In this chart, our wave 3 is of the extended type, the channel format that we specified for this analysis is better not to be broken by wave 5. If this channel is broken, the best areas to buy at lower prices are identified.
Next: In microwave 5 of wave 1, wave-5 is being formed and we have considered some valid motion probabilities:
First move: Wave -5- should be in the form of a triangle, and after a small correction, it should start its ascent to form wave 2 in higher timeframes (blue move).
Second movement: Wave 5 has a simple impulse and after hitting the ceiling of the green channel, it confirms its upward movement (purple movement)
This analysis does not have a specific field point. If the price crosses the end of wave 1, the probability of climbing is greatly reduced.
ðIf you have an idea that helps me provide a better analysis, I will be happy to write in the commentsð
âĪïļPlease, support this idea with a like and comment!âĪïļ
In this analysis, we examined wave 1 at higher timeframes.
In wave 1, microwaves 1, 2, 3 and 4 are complete and now we are in wave 5.
In this chart, our wave 3 is of the extended type, the channel format that we specified for this analysis is better not to be broken by wave 5. If this channel is broken, the best areas to buy at lower prices are identified.
Next: In microwave 5 of wave 1, wave-5 is being formed and we have considered some valid motion probabilities:
First move: Wave -5- should be in the form of a triangle, and after a small correction, it should start its ascent to form wave 2 in higher timeframes (blue move).
Second movement: Wave 5 has a simple impulse and after hitting the ceiling of the green channel, it confirms its upward movement (purple movement)
This analysis does not have a specific field point. If the price crosses the end of wave 1, the probability of climbing is greatly reduced.
ðIf you have an idea that helps me provide a better analysis, I will be happy to write in the commentsð
âĪïļPlease, support this idea with a like and comment!âĪïļ