EURUSD will Attack to Support zone⚔️===>>(➡️RR=2.92)

🏃‍♂️EURUSD is moving in the 🟢Support zone($1.0695-$1.0626)🟢, but I expect it to be broken based on the explanation below👇.

🌊According to the theory of Elliot waves, EURUSD seems to have completed the Double Three Correction(WXY) in the 🟢Support zone($1.0695-$1.0626)🟢.

📈Regarding Classic Technical Analysis, EURUSD has successfully formed an Ascending Broadening Wedge Pattern Reversal Pattern.

💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.

🔔I expect EURUSD to go DOWN at least to the lower line of the Ascending Broadening Wedge Pattern, and EURUSD will probably break the 🟢Support zone($1.0695-$1.0626)🟢.
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EURUSD

🔴Position: Short

✅Entry Point: 1.06975 USD (Limit Order)

⛔️Stop Loss: 1.07420 USD

💰Take Profit:

💰Take Profit:

🎯1.06303 USD👉Risk-To-Reward: 1.51

🎯1.05674 USD👉Risk-To-Reward: 2.92

⚠️Please don't forget to follow capital management.

⚠️Please pay attention to the style of opening the position.
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Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.

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Transaction en cours:

Manually

Commentaire:

EURUSD should first break the support lines (purple color), and then we should wait for the first target.

Trade fermée: ordre d’arrêt atteint