As Bitcoin is struggling to find support, it appears the EURUSD is poised to break DOWN rather hard after a fairly strong run up. As long as price stays within these channels, it should likely continue higher. Yet, the current pennant formation/flag is setting up for a breakout/breakdown move.
Notice the Tesla Vibrational ARCS that I use to help time the markets? We are sitting at a breakout point with these arch and the potential for a downside move is rather strong in my opinion. Be prepared for what could be a very quick and aggressive downward price swing.
Notice the Tesla Vibrational ARCS that I use to help time the markets? We are sitting at a breakout point with these arch and the potential for a downside move is rather strong in my opinion. Be prepared for what could be a very quick and aggressive downward price swing.
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