ðEURUSD is moving in the ðīResistance zone()ðīand near the Resistance line and 200_EMA (4-hour) and ðĢMonthly Pivot PointðĢ.
ðAccording to the theory of Elliott waves, EURUSD has managed to complete a Zigzag correction(ABC/5-3-5).
ðĄAlso, we can see Regular Divergence(RD+) between two Consecutive Peaks.
ðI expect EURUSD to move towards the ðŊTargetsðŊ I specified on the chart after breaking the Uptrend line.
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.