EURUSD

As I said last weeks...If we make a parallel between the chart on a week and one month because the month of May closes ...we can see that on the 1 week chart the last 9 candles in circle 1 have a structure identical to the 9 in circle 2 and even if maybe it will make a small rise, EURUSD will go down to close M formed in the last period
On the 1 month chart we notice that it has rejected from the trend line and if the month will close like this ... we still have a strong confirmation of a decrease of at least 300-400 pips

THIS WEEK...as I told you last week, the structure of the 2 circles remains the same and the 10th candle closed on the descent and rejected as I told you from the trend line for 1 month!
For next week I will be looking for SELL for 70-80 pips that were made during the NFP and after ... I will be looking for SELL until the 1.19500 area in the next period

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GREAT ATTENTION:
*This information is not a Financial Advice.