AzrulAzir

EURUSD 12 years bullish

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
Hi, today i wanna discuss about cylic analysis.
this is long term projection for "position trader", coz opening position not only for month, but for years.
In this analysis we focus to 6 years cycle,
you can see that EURUSD perform a big 15 degree parallel channel up, still not break for 39 years, and still valid.
If we look cyclic lines, bearish take 6 years and bullish take 12 years.
and in this cycle, we enter bullish cyclic at cyclic 8.

So we already have big picture for EURUSD ,
and our trading plan here is :
1. buy at support channel up or touch trendline at 1.1265, and aim for 7824 pips at 1.9155
2. buy if channel down break up, and aim for same target at 1.9155

This is long term projection, and we will reach our target in 12 years.
So,. I will update this analysis in 2030

note : careful EURUSD still perform bearish wave

To better understand about this analysis, strategy and money management, you can check our video analysis.
Good luck ^_^

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