EUR/USD forecast : Update
Hello traders,
As I explained in my previous analysis, there is a high probability of trend reversal or strong correction in EUR/USD H1 time frame. Although three hours (3 candles) remain to the time cycle zone, defined by two vertical lines, my focus will be only to go long even if it goes up before the time cycle zone and I will hold it for one or two days. By the "time cycle zone", I mean "best time to open the position" based on time cycles.
Here is my previous analysis :
It is just an analysis, so always follow your own strategy and your own risk management.
Good luck.
As I explained in my previous analysis, there is a high probability of trend reversal or strong correction in EUR/USD H1 time frame. Although three hours (3 candles) remain to the time cycle zone, defined by two vertical lines, my focus will be only to go long even if it goes up before the time cycle zone and I will hold it for one or two days. By the "time cycle zone", I mean "best time to open the position" based on time cycles.
Here is my previous analysis :
It is just an analysis, so always follow your own strategy and your own risk management.
Good luck.
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