Colleagues, the corrective movement in wave “4” seems to be completed at 1.16529.
Further I expect the continuation of the impulse movement in wave “5” at least to the support area at 1.14647.
All this impulse will mark the movement in the bigger wave “C”.
Fundamental Context
The US Dollar remains firm as markets downgrade expectations for further Fed rate cuts. This keeps pressure on the euro, especially since Eurozone macro data is still weak and provides little support. At the moment, EUR/USD is mostly driven by USD dynamics rather than European fundamentals.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Further I expect the continuation of the impulse movement in wave “5” at least to the support area at 1.14647.
All this impulse will mark the movement in the bigger wave “C”.
Fundamental Context
The US Dollar remains firm as markets downgrade expectations for further Fed rate cuts. This keeps pressure on the euro, especially since Eurozone macro data is still weak and provides little support. At the moment, EUR/USD is mostly driven by USD dynamics rather than European fundamentals.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Trade attivo
Price has overcome most of the points towards the target. I think we will soon see a small correction where we can profitably enter the position again.I recommend to set trade to breakeven.
(Breakeven=Risk Free: Move Stop loss to the entry level).
✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 INSTAGRAM: instagram.com/hellena_trader
🟢 Contact: t.me/Hellena_FX
🌅 INSTAGRAM: instagram.com/hellena_trader
🟢 Contact: t.me/Hellena_FX
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 INSTAGRAM: instagram.com/hellena_trader
🟢 Contact: t.me/Hellena_FX
🌅 INSTAGRAM: instagram.com/hellena_trader
🟢 Contact: t.me/Hellena_FX
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.