AmiranAzaladze
Long

EURUSD Deep forecast for this week !

FX:EURUSD   Euro / U.S. Dollar
Deep analysis of EURUSD - I have drawn the Fibonacci on H4 timeframe, which is most important instrument for this week (In my opinion), there are three levels, one Support S1 and two resistance R1 and R2. As EURUSD instrument is bullish , my target is R1. Price has fixed great S1 support level on Asia session today, which is also 50% of Fibonacci.


Long Term Fibonacci on H4 timeframe

New long term TREND CHANNEL
with T1 - T2 trendlines

Comments

I should've taken this long trade.
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Very nice analysis and descriptions, I agree with you.

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@Asanato, Thank you ))... You have very interesting chart... on the right side (Blue-Yellow indicator) is that a kind of heat map? or volumes?
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Asanato AmiranAzaladze
@AmiranAzaladze, Thank you very much. Which one do you mean exactly ? On the right side it's Volume Profile. In the chart below it's Orderflow Chart with MultitimeFrame Point of Controls. Simply put in one chart you see the most trade volumes area from multitemfrime as monthly, weekly, daily, 8H, 4H, 30 M :)

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