PITCHFORK - EURUSD (High Probability - Bullish) Q3 2019
Market Opportunities for 2019
The US Dollar Index (DXY)
VS
EURUSD (EURO)
EURUSD analysis for Q3 - Q4 2019
This long-term move is based on Andrews's Pitchfork Analysis Technique
where we can see the price is now in the Lower Line area and based on the Pitchfork rules
1. Reversal in the Lower Line
2. Price will retest on Median Line
3. or Break down the Lower Line (The strength of the US Dollars is still strong) - * This mapping is invalid
4. High probability moving towards Upper Line
5. Bullish ABCD pattern is also forming
Notes:
The current price is looking for a new direction (Consolidation)
(
) - Dec 10th 2018
The analysis is also combined with the US Dollar Index (DXY) and
We found also (DXY) on the Upper Line (High probability to fall in the near future in this area)
(
) - Dec 10th 2018
How can a Trader benefit from this analysis?
1. BUY OPPORTUNITY area
2. Risk: Good rewards
3. Opportunity +1500 points (lower to upper)
The US Dollar Index (DXY)
VS
EURUSD (EURO)
EURUSD analysis for Q3 - Q4 2019
This long-term move is based on Andrews's Pitchfork Analysis Technique
where we can see the price is now in the Lower Line area and based on the Pitchfork rules
1. Reversal in the Lower Line
2. Price will retest on Median Line
3. or Break down the Lower Line (The strength of the US Dollars is still strong) - * This mapping is invalid
4. High probability moving towards Upper Line
5. Bullish ABCD pattern is also forming
Notes:
The current price is looking for a new direction (Consolidation)
(
The analysis is also combined with the US Dollar Index (DXY) and
We found also (DXY) on the Upper Line (High probability to fall in the near future in this area)
(
How can a Trader benefit from this analysis?
1. BUY OPPORTUNITY area
2. Risk: Good rewards
3. Opportunity +1500 points (lower to upper)