EURUSD...A Near Term Reversal ??
EURUSD has trended down since May and to a greater degree since January 2021.
Presently there may be a reversal opportunity based on a present harmonic.
I suggest a reversal zone area and an entry point to ensure the trend is reversed.
Suggested targets and a stop are shown .
Additionally we are at the middle point of a defined channel, often a reversal area.
The bottom oscillator is nearing a turn up.
Not investment advice...do your own due diligence.
S.
Presently there may be a reversal opportunity based on a present harmonic.
I suggest a reversal zone area and an entry point to ensure the trend is reversed.
Suggested targets and a stop are shown .
Additionally we are at the middle point of a defined channel, often a reversal area.
The bottom oscillator is nearing a turn up.
Not investment advice...do your own due diligence.
S.
Note
More realistic targets have been appliedNote
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.
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.