EUR/USD. The price attempts to resume its upward movement.
EUR/USD. The price attempts to resume its upward movement. | 18 Maret 2024
18 Maret 2024, EUR/USD
The price indeed reached the lower boundary of the ascending channel, within which a diagonal triangle formation is presumed to be taking place. This decline is viewed as corrective wave iv, taking the form of a flat pattern. An attempt to break out beyond the channel proved unsuccessful, resulting in a minor rise followed by a pullback.
Presumably, this marks the beginning of the formation of the final wave v within the mentioned diagonal triangle. A level is indicated on the chart, the breakout of which may serve as a signal to initiate buy positions.
Investment idea: Buy at 1.0900, Stop Loss at 1.0875, Take Profit at 1.1000.
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.