A summary of the euro and us dollar according to my view.
The market might seem to go a bit higher/long hence the chances of agents who will be buying the base currency value might be as their expectations.
The HH is an abbreviation for higher high which shows that the market moved up and alongside it is an uptrend line.
The HL is an abbreviation for higher low which shows that the market moved down and alongside the downtrend line
The LH is an abbreviation for Lower High which shows that the market moved up and after the strongest resistance level and alongside is the downtrend line
The LL is an abbreviation for Lower low which shows that the market moved doen and alongside it is the downtrend line.
THATS MY VIEW.
The HH is an abbreviation for higher high which shows that the market moved up and alongside it is an uptrend line.
The HL is an abbreviation for higher low which shows that the market moved down and alongside the downtrend line
The LH is an abbreviation for Lower High which shows that the market moved up and after the strongest resistance level and alongside is the downtrend line
The LL is an abbreviation for Lower low which shows that the market moved doen and alongside it is the downtrend line.
THATS MY VIEW.
HL=Higher low
LH=Lower high
LL=Lower low