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Gorbie
Jun 25, 2016 12:19 PM

EURUSD 

Euro Fx/U.S. DollarFXCM

Description

Short to $1.078 area

Comment

Comment

Should see buyers below $1.091

Comment

Comment

Waiting a bounce from $1.087—1.079 area.

Comment

Seven swings down from X (red) to 1.0952 and three swings up to the inflection zone 0.5–0.618.
Should see another 3 or 7 swings down below $1.0852.

Comment

Trade active

The shorts opened till the inflection zone.

Comment

Here's a good reaction.

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Trade closed manually

Trade active

It also can be the triangle

Trade closed: target reached

Comments
bolsistico
Good analysis, i have a question...your wave blue (3) is an abc? why? The wave 3 is an impulse.
Gorbie
What is the blue line? Where?
bolsistico
blue wave (1), (2) on your daily count, the next would be blue wave (3) ? or is an abc an alternate count?.
Gorbie
Sure, should be an impulsive wave (zig-zag ABC) after the end of wave (b). So, wave (a) is the wave 2 in wave (3), wave (b) is it wave 2 in wave (3).
bolsistico
Ok..thank you for your answer..
stream
about 1.08 is not very sure ...i am sorry but eu never tuch 1.09 never mind 1.08
Gorbie
Okay, we'll see what happen. Excuse me please, but you are published this chart two days ago with targets much lower 1.08
stream
2 month ago i publishe some other suggestions but now eu is on top af the buy area .. i needed to broke 1.09 but its not , never tuch it .. so i closed the short .. .
Gorbie
Agree with top of buying area ($1.0937 – 0.618 of a). But it need one more swing down at least. Price could touch 1.0768. Just look at this...
stream
i wish to see a bottom from 1.061 .. yes but how to sell now let it break 1.085 then 1,10 will be a resistance , then can sell . But now we have nothing of that .

I really think is very possible do not sell at all ..
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