Continuing on my above analysis of EURUSD. This week also went in consolidation. I have drawin two EQ levels, one for Monthly/Weekly and one for Daily. Atm (At The Moment) the chart is in Daily consolidation and in Discount Zone of Monthly/Weekly consolidation. I will wait for the chart to break the consolidation towards the Daily Equal Highs which are in the Premium Zone of Monthly\Weekly consolidation. Waiting game for the next week or may be more.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.