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Jandara
May 30, 2018 10:19 AM

EURUSD Falling in a fifth wave Short

Euro Fx/U.S. DollarFXCM

Description

The decline below 1.1596 eliminated the alternate ending diagonal wave (v) which suggests wave (v) will continue to subdivide lower. Wave iii of (v) from 1.1728 will travel the same distance as wave i at 1.1377, but third waves often travel 1.618 times

Comments
eaojnr
Interesting perspective
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