EURUSD MONTHLY

MONTHLY CHART
WE ARE AT MAJOR MAJOR DECISION ZONE.
CROSSING 1.03 ZONE WILL BRING THE
POSSIBILITY OF EU REACHING PRICE
OF 90 OR EVEN RETESTING THE LAST LOW IF 0.82

SO WHAT NOW?
HERE ARE FACTS:
RIGHT NOW WE ARE RIGHT ON
1. ABCD PATTERN
2. MAJOR FIB LEVEL 1.271
3.MAJOR MONTHLY SUPPORT WITH
BACK UP SUPPORT ALL THE WAY TO 1998
4. DOUBLE DOWN POSSIBLE TRIPLE
DOWN IF THIS ZONE HOLDS
5.AND PATTERN THAT IT MIGHT BE OVER LOOKED
IS SHS WHICH IT HAS BEEN COMPLETED

THERE IS NO DOUBT IN MY MIND
THAT THE PRICE WILL RICH 1.0300-1.0350 ZONE
THE QUESTION IS IF IT IS GOING TO BREAK
1.03-1.05 STRONG SUPPORT ZONE
IF YOU BEEN FOLLOWING MY CHARTS YOU KNOW UNLESS I HAVE 80% SUPPORT OF TECHNICAL
I WILL NOT GO IN THE TRADE BLINDLY.


POSITION TRADE:
STOP SELL ORDER BELOW LAST WEEK LOW
STOP LOSS MINE IS 200 PIPS
FIRST TP 200 PIPS
TP 2 1.01 - 1.0050
THEN I WILL REEVALUATE AGAIN

NOW IF THE TRIPLE DOWN AND ABCD PATTERN CAN OVER POWER SHS PATTERN AND WE HAVE A BULLISH RUN
WE'LL SEE AFTER AND REEVALUATE AFTER THE TOUCH OF 1.0350

GOOD LUCK

PS/ LOOK FOR SHORT TERM TRADE CHARTS