EUR/USD. Growth in the Third Wave of the Upward Impulse.
EUR/USD. Growth in the Third Wave of the Upward Impulse. | 27 Tháng hai 2024
27 Tháng hai 2024, EUR/USD
The upward movement in the EUR/USD pair began earlier than anticipated. The eagerness of the euro was so strong that sellers failed to form a complete zigzag correction. Of course, it's possible that the current rise could be part of a corrective wave, which would lead to a decline and the establishment of a new local minimum. However, the probability of such a scenario seems low for now.
Presumably, the upward movement is forming within the development of wave iii. The previously formed initial diagonal triangle indicates a potentially strong upward movement. Therefore, it is recommended to open buy positions at the current market price.
Investment idea: Buy at 1.0850, set a stop loss at 1.0820, and take profit target at 1.1000.
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .