FX:EURUSD   Euro / U.S. Dollar
223 0 0
Using A bounce off the Long Term Trend Line can give us a set up. A-B should = C-D for this to be right. However, an overshoot to the 1.618 Fib Extension is also a possibility, so should be kept in mind for longer term trading. A close below C, is the confirmation that a reversal has happened.
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