EURUSD - A corrective move

FX:EURUSD   Euro / U.S. Dollar
705 28 3
This fall on EURUSD             should have been expected. The Euro             gained on hopes. It doesn't mean that the up trend is over, I believe that we should look for a signal in the 1.32 - 1.30 area for another long. Cheers!
Hi Razvan! So now we are on the blue line, what you think will happen next? :)
Razvan eliaearth
In my opinion it would be a good time to look for a reversal signal, above 1.30 or even a bit lower (under 1.30)
could work - the probability lies @ 32% - I prefer, to go short... :)
Razvan m4riovolp3
At this point I am also short, but do you think it will pass under 1.30? On a medium term we have higher high and higher low.
m4riovolp3 m4riovolp3
the yellow box - was setted in the 2nd week in may 2013 - now, its time to go down...
m4riovolp3 m4riovolp3
the yellow box - was setted in the 2nd week of may 2013 - now, its time to go down...
Razvan m4riovolp3
you have there a 5 swing pattern that i believe you are following that respects some ratios. It is clear for me that it is not a classical type of TA. Interesting, thanks for the comments.
I wanted just to tell u my point of view - :) http://www.myfxbook.com/members/m4riovolp3/mavomabu/587857
Razvan m4riovolp3
I understand. Thank you. I have seen you account. Impressive, keep up the good work.
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