Euro's Performance Over the Next 30 Days
Using the power of mathematics, market dynamics, and this market's character...I've concluded that this will result in a 2% crash
As per basic economics, it's a given that price based on supply and demand dynamics gravitates to the point of equilibrium where both forces of supply and demand are in balance. When it comes to international markets, the price gravitates to that point of equilibrium after each full swing before facilitating a continuation. So our first criterion that this correction is done is crossed out
Based on my own experience, the initial or main move often creates fair value gaps also known as FVG on its path, while corrective moves lack the presence of FVG, as FVG shows that Massive amounts of liquidity have been engaged in that particular candle, which furthermore gives us insight on the institutional directional bias price is moving according to
From a mathematical perspective, the golden ratio of Fibonacci never failed to impress me once...It perfectly gives you the maximum swing expansion either in a corrective or impulsive phase...in addition, this can be observed on other major pairs such as GBPUSD & US30 ...I'll let history speak for itself
The path toward 1.06906 is smooth due to it lacking the existence of FVGs which can make the road turbulent on the way down
Talking based on macro-econ, whilst seeing capital markets hitting ATHs, signs of weakness have been observed, and a correction might be inevitable. Feds are highly likely to be hawkish next week, and potentially going through the whole month
Thank you.
As per basic economics, it's a given that price based on supply and demand dynamics gravitates to the point of equilibrium where both forces of supply and demand are in balance. When it comes to international markets, the price gravitates to that point of equilibrium after each full swing before facilitating a continuation. So our first criterion that this correction is done is crossed out
Based on my own experience, the initial or main move often creates fair value gaps also known as FVG on its path, while corrective moves lack the presence of FVG, as FVG shows that Massive amounts of liquidity have been engaged in that particular candle, which furthermore gives us insight on the institutional directional bias price is moving according to
From a mathematical perspective, the golden ratio of Fibonacci never failed to impress me once...It perfectly gives you the maximum swing expansion either in a corrective or impulsive phase...in addition, this can be observed on other major pairs such as GBPUSD & US30 ...I'll let history speak for itself
The path toward 1.06906 is smooth due to it lacking the existence of FVGs which can make the road turbulent on the way down
Talking based on macro-econ, whilst seeing capital markets hitting ATHs, signs of weakness have been observed, and a correction might be inevitable. Feds are highly likely to be hawkish next week, and potentially going through the whole month
Thank you.
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