EURUSD long - 1.24
Here is my updated version for EURUSD. If we breakdown the last monthly impulsive we can see that the market has provided us Correction/Continuation Pattern. The price was retracing before the next movement to the upside.
Why is the market doing this?
It is because the market movers are ensuring their profits. This leads to that market is falling down if it is in an uptrend. Afterwards the market movers are joining the market again with cheaper conditions. This lead for the price to go more to the upside.
What now?
Right now the price is again in a Correction Pattern. The plan is to buy at the Low and to aim for the 1.24 as our monthly target.
What do you think?
Why is the market doing this?
It is because the market movers are ensuring their profits. This leads to that market is falling down if it is in an uptrend. Afterwards the market movers are joining the market again with cheaper conditions. This lead for the price to go more to the upside.
What now?
Right now the price is again in a Correction Pattern. The plan is to buy at the Low and to aim for the 1.24 as our monthly target.
What do you think?
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✔️ Telegram(german): t.me/dariusfxtrading
✔️ Top Broker💯 my.roboforex.com/de/?a=skxb
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