So basically we have a dance between eurusd and dxy - and emaflow is really good at projecting these ranges . EUR needs to stay above the green oversold area - but something tells me it will... we're basically really really not like 2000ish, and we're basically in a wedge?
All this points towards a potential eurusd soon bottoming - this historically also was during bear markets but not recessions - also if we are building a recession - historically it took 2 years for eur to crash.. we might do it sooner but overall i think we're due for a bounce.
Ye like its god damn 2013 all over again. Or maby inflation kills us anyway. Time will tell...
Keep in mind this gets invalidated if we crash below our os area.
All this points towards a potential eurusd soon bottoming - this historically also was during bear markets but not recessions - also if we are building a recession - historically it took 2 years for eur to crash.. we might do it sooner but overall i think we're due for a bounce.
Ye like its god damn 2013 all over again. Or maby inflation kills us anyway. Time will tell...
Keep in mind this gets invalidated if we crash below our os area.
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also check out that divergence at the emaflow oscillators.. ;)
Looking for an indicator that works? t.me/EAGERTOHUNT
