Matty_Cas_

EUR/USD Daily TF Price Action Cycle

OANDA:EURUSD   Euro / Dolar A.S.
For this forecast, I recognized individual market maker cycles, coupled with historical order blocks and gaps to replicate what I think the next cycle of price action will look like. Currently it seems as though we are reaching the end of the second cycle which should bottom out somewhere in an old gap between 1.15 and 1.02. After consolidation in that region I expect the next cycle to start its up movement and peak in an old global order block at 1.3 before starting its next retracement.
Penafian

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