【Dollar Box】EURUSD 18:00s

EURUSD 18:00 Technical Analysis

Uptrend forming

□ 4H Uptrend in Progress

11 bars since the upward trend reversal from GC

Oscillator indicator: bullish

Market pulls back without touching the 21 MA, then rises

Seemingly shifted into a full-scale uptrend

□ 1H Uptrend in Progress, large divergence from 21 MA

As expected yesterday, approached the 21 MA and used it as support

Full upward start, currently expecting a pullback or sideways move for now

Until the 21 MA catches up

Oscillator indicator: bullish, no overheat

□ 5M decline in progress, short-term rebound

　Oscillator indicator: bearish, mid-point between highs and lows

Counter-trend selling strategy

No position, so entering trend-following from near the lower bound

Switching to a buying strategy!!!!!!!

Aim to profit through tactical gains

Summary,Whether to stay flat until 1H 21 MA approaches or drop to 21 MA

In the near term, cautious counter-trend selling strategy

To reiterate

Counter-trend trading requires caution

Shift to buying strategy near the lower bound

Proceed with a trend-following buying approach to maximize gains

Upper bound1.08739 vicinityLower bound1.08515　 vicinity

Buy order 1.08577

【Dollar Box】 Technical Analysis