Hello Traders!
I can see some nice zones on the h4 timeframe. Also I draw some trend line and we can that they work pretty well as support resistance line. We are currently at a h4 Supply zone. We can expect on the EURUSD two possible scenarios.
Two scenarios:
#1 drop from the Supply Zone down to the Demand Zone
#2 push higher into the supply zone. Then supply zone became Demand Zone and we will see EURUSD going up
What can we expect
My thoughts are that we will see EURUSD pushing more down. Like I mentioned in the DXY Analysis I analyzed it for the correlation. So I expect the DXY to go up. Therefore EURUSD should drop.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
I can see some nice zones on the h4 timeframe. Also I draw some trend line and we can that they work pretty well as support resistance line. We are currently at a h4 Supply zone. We can expect on the EURUSD two possible scenarios.
Two scenarios:
#1 drop from the Supply Zone down to the Demand Zone
#2 push higher into the supply zone. Then supply zone became Demand Zone and we will see EURUSD going up
What can we expect
My thoughts are that we will see EURUSD pushing more down. Like I mentioned in the DXY Analysis I analyzed it for the correlation. So I expect the DXY to go up. Therefore EURUSD should drop.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
Note
✔️ Inner Circle ⭕️
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
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.
✔️ Inner Circle ⭕️
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
linktr.ee/dariusfx
✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
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.