CapMoore

A bearish continuation to complete ABCD target?

FX:EURUSD   Euro / U.S. Dollar
206 3 2
Looking for a harmonic move to the target of completed
AB=CD pattern, suggest a move up 1,3883-89, a projected
c-point in smaller wave down and Daily PP             . Still as long as
the low at 1,3830 is intact, price could proceed higher and
taking out of top and look for an extended D point, projected
to the 1,618 extension of CD leg. Yet again, the sharp move
down yesterday, suggest a taking out of the ,13830 at lest,
which would complete the Mini target of the ABCD at 1,3826,
(the 3/8 fib of CD leg).
agreed 110%. think we will see a fair amount of correction before resuming towards 1.40-1.45
Reply
CapMoore Ozayevable
Agree, general trend is up and this will be a meaningful correction in the larger tf.
Reply
CapMoore CapMoore
If it plays out :)
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