FX.co ★ hickle.manuela | Comprehensive Analysis in Trading: Mastering Methodologies

Pair EURUSD D1: 1 - Sellers of the Euro were able to reorganize yesterday and ultimately leave the day actively in their favor, now they have a good position to develop a decline next week. Speaking of the situation with the bands, the price is trying to develop a movement along the lower band, breaking out of it has occurred, but to get a stronger signal for a price drop, it is worth waiting for an active breakout of both bands. Speaking of the situation with fractals, the price broke the nearest fractal down yesterday and reached the target at the level of the fractal from May 21. The target for further decline is the nearest fractal down, its breakout and consolidation below it will allow the price to reach the fractal from March 30 at the level of 1.14418. The nearest fractal up is far from the current quote value, and to have something to rely on for a price increase, it is worth waiting for the appearance of a new closer fractal. 2 - The AO indicator is trying to form an increase in the negative zone, if in the next 2-3 trading days we see a more active acceleration, then we will get a stronger signal for a price drop. To get a quality signal for a price increase, it is worth waiting for an active fading towards the zero mark.