ðââïļEURUSD is moving near the ðīResistance zone($1.0806-$1.0781)ðī.
ðAccording to Classical Technical Analysis, EURUSD seems to have succeeded in forming an Ascending Broadening Wedge Pattern.
ðĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
ðI expect EURUSD to at least decline to the ðŊTargetðŊ I have marked on the chart.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame â°.
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.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
ðAccording to Classical Technical Analysis, EURUSD seems to have succeeded in forming an Ascending Broadening Wedge Pattern.
ðĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
ðI expect EURUSD to at least decline to the ðŊTargetðŊ I have marked on the chart.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame â°.
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.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
The EUR has again reacted well to the ðīResistance zone($1.0806-$1.0781)ðī and I still expect the EUR to drop to at least $1.072.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
EURO should first break the Uptrend line and then wait for the Target($1.072).
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
EURO was able to break the uptrend line; you can risk-free your position or take profit; I choose RISK-FREE.
āļāļ§āļēāļĄāļāļīāļāđāļŦāđāļ:
Running well, The analysis is valid as long as the resistance zone is not broken.
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