BillionsFund

EURUSD Photography pattern

FX:EURUSD   Euro / U.S. Dollar
7
We note a configuration with triple minimum increasing and increasing maximum. We notice before and after points A and C two maxima, marked by X black and red. Black X, using Fibonacci in reverse, is preceded by a motion that has stopped at 0.618. If even the red X was followed by a 0.618 Fibonacci drop, it would drop to 1.074 and close the gap exactly. Then start with an important upswing. Fantasy? We'll see. It is not obviously an invitation to expect such a configuration; this analysis is only the result of the search for possible future movements by observing them from different angles.

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