💶💵EUR/USD Swing trade to 1:1 level
💶💵Post is a direct continuation of the last post
💶💵Taking a closer look, we are in an interesting place to reach the 1:1 level set by the last largest downward wave.
💶💵I 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.
💶💵I 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.
💶💵The scenario I am playing out is a decline to reach the support level I have set
💶💵*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
💶💵Post is a direct continuation of the last post
💶💵Taking a closer look, we are in an interesting place to reach the 1:1 level set by the last largest downward wave.
💶💵I 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.
💶💵I 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.
💶💵The scenario I am playing out is a decline to reach the support level I have set
💶💵*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 www.t.me/Investmatez 💲
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