#EURUSD - UniverseMetta - Analysis
The price of D1 can implement a 3-wave structure; cancellation of the idea can be considered if the maximum of the 2nd waves is rewritten. Globally targets to 1.06300. It is also worth considering that the 3rd wave on W1 was unable to continue its growth, which may lead to an ABC correction on D1 and a continuation of the upward movement. To enter, you can also wait for the 3-wave structure on H4. Local goals - lower bound.
Target 1.08060 - 1.06300
The price of D1 can implement a 3-wave structure; cancellation of the idea can be considered if the maximum of the 2nd waves is rewritten. Globally targets to 1.06300. It is also worth considering that the 3rd wave on W1 was unable to continue its growth, which may lead to an ABC correction on D1 and a continuation of the upward movement. To enter, you can also wait for the 3-wave structure on H4. Local goals - lower bound.
Target 1.08060 - 1.06300
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.