Mennzz

Apr 29, 2014 | EURUSD - Clockwork Theoretical Outlook!

FX:EURUSD   Euro Fx/U.S. Dollar
121 3 1
Blue fib line and multiple fib breaks suggests bulls may push price up to around 1.3938, followed by another bearish Fibonacci retracement to around the 1.3760 level before yet another move up to the 1.4054 area. Stay cautious and tread carefully! ;D
HappyKing
2 years ago
snapshot

I have simillar idea with you.
but I think low would be 5/1
just my idea

Good luck
Reply
Mennzz HappyKing
2 years ago
It's mighty possible. We'll see how it turns out, but if it actually reaches that 1.3938 level, it may be a good place to short. As well as longing at 1.3800 if your idea is correct. Both are great entry positions. Watch for fake-outs though. :D
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HappyKing Mennzz
2 years ago
Major pairs made outside -day formation yester day, feeling Volatility , I'm care about fake break under 1.378~1.374, and skyroket
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