DOLLAR TAKE PROFIT: 103.250
Based on EURO analysis, Dollar has a high chance of declining if we see buyside in EURO @ 1.08715 taken.
If you study EURO alongside DOLLAR, you will realise there is a strong inverse correlation so whatever DOLLAR does, EURO does the opposite.
Now, this isn't 100% of the time but you can be confident that on the shorter term timeframes (5,4,3,2,1 min charts) it works like a charm
Based on EURO analysis, Dollar has a high chance of declining if we see buyside in EURO @ 1.08715 taken.
If you study EURO alongside DOLLAR, you will realise there is a strong inverse correlation so whatever DOLLAR does, EURO does the opposite.
Now, this isn't 100% of the time but you can be confident that on the shorter term timeframes (5,4,3,2,1 min charts) it works like a charm
UK, London
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
UK, London
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.