EURUSD Rejection expected that will take it to parity.
EURUSD crossed above its MA200 (1d) and is headed for the top of the long term Channel Down.
A rejection similar to September 2024 is highly likely (which pulled the price to the 1.382 Fib), especially since this week's rise has been huge and based solely on geopolitics.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 1.000 (the 1.382 Fibonacci extension).
Tips:
1. The RSI (1d) is overbought. The last time it was this high was on August 23rd 2024. Exactly on the last Lower High of the Channel Down.
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A rejection similar to September 2024 is highly likely (which pulled the price to the 1.382 Fib), especially since this week's rise has been huge and based solely on geopolitics.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 1.000 (the 1.382 Fibonacci extension).
Tips:
1. The RSI (1d) is overbought. The last time it was this high was on August 23rd 2024. Exactly on the last Lower High of the Channel Down.
Please like, follow and comment!!
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Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.