Robert24

AUDUSD Long way to go down but it happened that way exactly.

FX:AUDUSD   Australian Dollar/U.S. Dollar
302 3 3
Take a look at the circle distances, acceleration rates, channels. This may be a big dump. Short term I think it will pop at the first arrow (closest to it's present), then back down, maybe hitting the opposite of the smaller channel first.
2 price points are set and corresponding intersections.
uygar
2 years ago
what about USD/TRY sir?
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Robert24 uygar
2 years ago
Without really looking at it much, it's a constantly accelerating curve from the bottom. It's got to run out of steam. Just use polyline and follow the key edge points. Make sure the curve gets gradually faster. If you're going to use that method you might want to set a limit angle off to the right of the first curve slightly (a safety angle). Just looking at it briefly, it's almost vertical. Stocks usually accelerate fastest when they are near their tops or bottoms.
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uygar
2 years ago
AUD/USD daily / mt4 fib arcs scale 69
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