The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
EUR/USD continues to push higher and should soon see a test of resistance at 1.2243 and above here call for 1.2350 on the way higher to the circle wave 5 target at 1.2763 to complete the five wave rally from 1.0336. Once this five wave rally is complete the largest correction since 1.0336 bottom should be expected.
When we said the largest correction, we mean both points and time wise, which means that the correction should be at least 646 pips and take at least 83 calendar days. But for now our focus should remain higher towards the ideal target near 1.2763
Trading recommendation:
Buy EUR for the final rally towards 1.2763 to complete the five wave rally from 1.0336. Once we are near 1.2763 take profit and turn the position 180 degrees around to short EUR for the largest correction since late March 2020.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
