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Jan 1, 2016 10:35 AM

EURUSD - Possible triangle completion with a Bat confirmation. Long

Euro Fx/U.S. DollarFXCM

Description

What more can you ask for the start of 2016? We have a possible Bat and Triangle completion of a second wave correction of a higher degree.
Some might count this whole triangle as a B wave correction. Nevertheless its a correction of an up move and a clear wave formation. So we are looking for the next impulse to the upside. This gives us the chance for a pin point entry with a tight stop loss.
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