EURUSD, View next week : Multi timeframe.
W1:
- Structure: Downtrend
- Tendency: Downward
- Break support and confirmation
==> DOWN
D1:
- Structure: Downtrend
- Tendency: Downward
- Move up, test resistance
-> Waiting signal
=> Sell
H4:
- Structure: Downtrend
- Tendency: upward
- Breakout minor resistance
=> Continuous Upward
After:
- Continuous downtrend !
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Thanks
- Structure: Downtrend
- Tendency: Downward
- Break support and confirmation
==> DOWN
- Structure: Downtrend
- Tendency: Downward
- Move up, test resistance
-> Waiting signal
=> Sell
- Structure: Downtrend
- Tendency: upward
- Breakout minor resistance
=> Continuous Upward
After:
- Continuous downtrend !
Thanks
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Breakout trenline: DOWN
correction to the expected zone