Euro / Dólar AmericanoAtualizado "The EUR is poised for a reversal."
The signal of trend reversal convergence will appear when the downtrend turns into an uptrend. At that point, in a downtrend, the subsequent lows will be lower than the previous lows.
However, oscillating indicators behave differently, as they show that the subsequent lows are higher than the previous lows, indicating that the momentum of the downtrend is weakening. This forms a convergence signal.
We can look for opportunities to enter trades at this position with reliable candlestick patterns.
However, it is also worth noting that this is bottom-fishing behavior, and we are trading against the current trend, so caution is necessary because not all signals are 100% accurate.
However, oscillating indicators behave differently, as they show that the subsequent lows are higher than the previous lows, indicating that the momentum of the downtrend is weakening. This forms a convergence signal.
We can look for opportunities to enter trades at this position with reliable candlestick patterns.
However, it is also worth noting that this is bottom-fishing behavior, and we are trading against the current trend, so caution is necessary because not all signals are 100% accurate.
Nota
Nota
I think EUR price will soon reach 108836Nota
Nota
EUR will continue to recover
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.