TradingSuccess

EURUSD possible consolidation and diamond

FX:EURUSD   Euro Fx/U.S. Dollar
EURUSD             right now in a consolidation is likely to form a diamond, well it depends on todays news. It's hard to predict where the prices will go after breaking the structure, but if the market goes down then it may reverse/consolidate at 61,8% Fibo which is a strategic level confirmed by previous structures and a Round Number.

Still it's better to wait for an opportunity to occur.
TradingSuccess
2 years ago
Previous structures at 1.11000

snapshot
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TradingSuccess
2 years ago
snapshot
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AnbHfund
2 years ago
eu aint have time for this !!
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TradingSuccess AnbHfund
2 years ago
hm, forgot about Greece and their payment, but still - I doubt that they will reach an agreement soon, and that's a pressure for eu, also don't forget that we have US news in an hour
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TradingSuccess TradingSuccess
2 years ago
if the prices go down then there is a strong support, no problem, it's possible that the market will reach that lvl today
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AnbHfund TradingSuccess
2 years ago
I am following ew ..so thats why i believe the downward move will be swift rather than slow !! And with NFP data ahead and greece problems are no acting like no news !! so instead of consolidating straight down !!
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