You see the very narrow and high probable buy zone in the chart .This area is composed of these levels: 78.6% fibonacci retracement of wave (a) which mostly maximum amount of retracement for wave (b) in abc structure very long term bull trend line 100 % of lower time frame wave
You also see the great divergence in the chart . Amazing about all EURO pairs is that at least most of them show the realy nice midterm bull signal and we can use this analogy for safer trade . And here is our megatrend analysis of some other EURO pairs: all this levels made 1.08 very nice and safe place for long entry but first we need to see a reversal structure there. We put this pair in our watchlist and update in lower timeframe in form of trade strategy with exact entry and stoploss with minimum capital exposure so follow us it :)
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