EURUSD - Trends, Forecasts and Implications (Part 1) - page 448

 

It's actually a great place to sell. If we go down, we will go down very well.

And if it turns upwards, there is not much of a loss.

 

One option for a reversal level would be today's support trend line .

 

If we pass 1.486 we go to 1.495

If we pass 1.478, we go down. But it's looking more down now.

yellow lines deciding the fate of humanity.

 
If downwards, what are the targets
 
deep
 
1.4600 for now
 

Inverted head formed, should go up to 1.49

And in general the market is pulling towards the branch to 1.5

What kind of foundation do we have ?

 

At the same time the head is being drawn on D1

And it is stronger, and accordingly pulling down.

 
I think everything tends to diverge on D1. Which means we will see a new high...unless of course we go far down now....
 
Looks like down, but not far, I think 14755 should do it, but in general, with a trailing crawl we need to crawl
Reason: