ForceFollower

Just another bubble in the making

Long
FX:EURUSD   Euro / U.S. Dollar
2
Looking to go long at the retracement and then take profit at 1.35000. I expect the up trend to weaken as measured by the light blue fork. The stacked downsloping channels indicate the probable extent of this leg of the up trend. The bubbles just try to capture the range of temporary price action, mostly corrective, but recently also trending. The one in the making may be the ending diagonal.

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