therealgramps

EUR/USD Chart showing predictions using FIB and Equidistant chan

FX:EURUSD   Euro/U.S. Dollar
51 0 0
Please realize that this is my first post and I am new to forex. Based on the structural indicators that I set up using the Fibonacci and the equidistant channel, I predict that the chart can take either one of two course of actions. It can go long and peak at where the previous tweezer top formations were creating a head and shoulders , then continue to make its way down, or it can break the 618 level and continue down rising back up to the .5 level and then moving back down.
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