EUR/USD - Monthly
Hi everyone, this content is about what I'm learning from the market and is not investment advice. For study purposes only.
In the lesson we learned about tradable and non-tradable pattern and market structure. This review is for practicing the concepts and learning from my studies over time.
My direction for this pair in long term view based in...
Escorts appears to be a sensible purchase as a larger wave 1 & 2 has completed, indicating that there will be a substantial rally in the uptrend, leading to a goal of 2415.55 if it breaks all of the targets listed below.
The targets for a strong positional investment during the next 200 days are shown below.
1st Target - 1486.20
2nd Target - 2054.70
As Coronavirus seem to have reached in the EU what looks to be so far its "propagation ceiling", the US is being rapidly contaminated with the virus; their extremely precarious healthcare system worsening the spread by making it increasingly harder for people to get tested. The US spread, being late of a week or two behind the EU, still has lots of...