EUR/USD forecast Update
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Hello Traders,
Previous forecast is in place (link below) and EUR/USD moved downward.
I can see few candles difference (delay) in the price movement and what I forecasted (Blue line) so the Time Cycle zone (Gray rectangle) that I considered before, will be moved few candles to the right side.
It is a little bit tricky here so I don’t go long now and will wait till the Green rectangle (Next Time Cycle zone). Price might go up before that but that’s OK. I will update it later.
Note that Lines on the chart only shows direction and time not the exact place of price.
Like and follow if you enjoy my analysis.
Good luck
P.S. Sometimes I define the Time Cycle zones in advance, so these analyses might need real time updates and if you want to consider them for your trading, you need to check the updates when price reaches to the Time Cycle zone. In case that they are valid and nothing changes, I would not update the analysis at the time of Time Cycle zone.
I try to define the best time for Correction or Trend reversal in the market, “Time Cycle zone”, not the exact place of price, so lines and bar patterns that I put on the chart are only showing time and direction.
Another thing is that you need to follow your own strategy and risk management. These analyses are just my opinions and they might be wrong. They are not trading advice.
Previous forecast is in place (link below) and EUR/USD moved downward.
I can see few candles difference (delay) in the price movement and what I forecasted (Blue line) so the Time Cycle zone (Gray rectangle) that I considered before, will be moved few candles to the right side.
It is a little bit tricky here so I don’t go long now and will wait till the Green rectangle (Next Time Cycle zone). Price might go up before that but that’s OK. I will update it later.
Note that Lines on the chart only shows direction and time not the exact place of price.
Like and follow if you enjoy my analysis.
Good luck
P.S. Sometimes I define the Time Cycle zones in advance, so these analyses might need real time updates and if you want to consider them for your trading, you need to check the updates when price reaches to the Time Cycle zone. In case that they are valid and nothing changes, I would not update the analysis at the time of Time Cycle zone.
I try to define the best time for Correction or Trend reversal in the market, “Time Cycle zone”, not the exact place of price, so lines and bar patterns that I put on the chart are only showing time and direction.
Another thing is that you need to follow your own strategy and risk management. These analyses are just my opinions and they might be wrong. They are not trading advice.
Dagangan ditutup: sasaran tercapai
As forecasted, by the time price reached to the Time Cycle Zone, it started moving upward and when reached to Green rectangle, it went up sharply.Price is at 1.18152 now.
The next few hours are tricky time, because price can go down one more time or continue upward, so for this analysis, I believe it happened what I expected.
Penafian
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