FullTimeTrader
Long

EURUSD-time for a rebound?

FX:EURUSD   Euro/U.S. Dollar
1793 6 13
Looking at this W1 chart we see a bullish butterfly already completed.
Price is touching PRZ on D1 chart and formed a decent bullish candle.
I really suspect a rebound is highly possible at this level.
If you are a believer can long at current price.
Best regards.
This analysis still holds. Indeed there is a big bullish candle on 16/3/2015 which should get us to the 1.15798 target. Also an inverted head and sholders pattern has been formulated on the H4 chart which reenforces our bullish bias.
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FullTimeTrader eliaselias
If the price breaks and holds above 1.1000 the target 1.15000 is possible
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its really gonna work.
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AWESOME...
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A very nice and clear long term analysis :)
+1 Reply
Too clear to critisize... i like that analysis
+2 Reply
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