FX:EURUSD   Euro / U.S. Dollar
188 5 6
Here are three of the same fractals across different scales highlighted.
Accumulation by Bulls has been going on. Market is heavy short so eu going up will cascade upwards
+1 Reply
i agree, thanks for the comment i forgot to mention the massive accumulation going on as well.
yea i'm thinking this is likely the bottom as well, will post charts in a few
I'm also seeing that the downtrend is slowing down, meaning a larger bounce back up is becoming possible.
+1 Reply
i agree, i see 1.05 as extremely unlikely now that it has been hit along time ago. Also $EURUSD is down around 1000 pips from 1.17 high so i'm looking for price to retest that level or breach it long term.
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