EURUSD Best place for buying

10 พ.ย. 2021

EURUSD Timeframe D1
Analysis for Swing Trader
holding orders for more than 1 day

I'm looking to buy EURUSD.
in the medium and long term
The reasons for technical support are as follows:

- Uptrend in TF W1
- Downtrend in TF D1
- The price creates a key support area at the price of 1.14400
- This area is also the confluence point of Fibo 50+61.8% of the main swing and the minor swing and also the highest volume price point (POC).
- The price that is coming down to find that zone has formed a reversal signal, the Falling Wedge and the Bullish Divergence signal.

The plan is to wait for the price to clearly touch the 1.14400 zones and then look for a reversal signal in the small timeframe again.

Or wait for the price to break the Falling Wedge to create HH in the minor trend to confirm a reversal.

If there is no confirmation signal, do not enter the trade.
If the price breaks the 1.14400 support, the plan is canceled.

-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you.