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jdemunter
Oct 26, 2016 7:40 PM

Eur/Usd : Bullish Long

Euro Fx/U.S. DollarFXCM

Description

Looks like the euro is ready to go higher against the us dollar. The larger EW count has a bullish triangle alternative count (green labels).

On the smaller timeframe we can see a nice flat where wave b is a triangle and wave c is 1.618 times the size of wave a. From this, a small 5 waves up can be counted but this is still early.

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