DeGRAM | EURUSD long-term forecast / Growth
My past predictions have come true.
After touching the pod 1.172 ...
... the price started to rise again.
As I have said many times, the price of this pair develops in waves.
Growth waves (usually 2-3) and falling waves alternate.
As you can see on the Weekly (pay attention to the TF!) Chart:
- in 1995 and 1998, two global waves of decline developed.
- from 2002 to 2008 - growth.
- from 2008 to 2015, the price was falling (with corrections, of course).
- and since 2016 it has started a new wave of growth.
Now the price is forming the growth of the second wave, which began to develop in April 2020.
I expect the price to complete the rally in the wave before it starts falling.
Long-term target for EURUSD 1.284.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
After touching the pod 1.172 ...
... the price started to rise again.
As I have said many times, the price of this pair develops in waves.
Growth waves (usually 2-3) and falling waves alternate.
As you can see on the Weekly (pay attention to the TF!) Chart:
- in 1995 and 1998, two global waves of decline developed.
- from 2002 to 2008 - growth.
- from 2008 to 2015, the price was falling (with corrections, of course).
- and since 2016 it has started a new wave of growth.
Now the price is forming the growth of the second wave, which began to develop in April 2020.
I expect the price to complete the rally in the wave before it starts falling.
Long-term target for EURUSD 1.284.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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