Top And Bottom Analysis "EUR/USD" by ThinkingAntsOk
4H CHART EXPLANATION:
a)Price has broken the descending channel, that was the main structure for all the previous bearish movement
b)We can see similar behaviors in other currencies related to the dollar, that confirms the current bullish movement.
c)We would be looking for a corrective structure ( Flag patterns / Pennants / Triangles ) on the current area, if some of the mentioned structures are formed we will enter the market on the breakout of the structure towards 1.4200
MULTI TIMEFRAME VISION
-Daily:
-Weekly:
a)Price has broken the descending channel, that was the main structure for all the previous bearish movement
b)We can see similar behaviors in other currencies related to the dollar, that confirms the current bullish movement.
c)We would be looking for a corrective structure ( Flag patterns / Pennants / Triangles ) on the current area, if some of the mentioned structures are formed we will enter the market on the breakout of the structure towards 1.4200
MULTI TIMEFRAME VISION
-Daily:
-Weekly: