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Jacksonian
Jun 1, 2016 6:16 AM

EURUSD 4H Divergence Long

Euro Fx/U.S. DollarFXCM

Description

Fibonacci levels show key areas around the .38, .5, and .61 levels. I do not believe that the pair will run back to the highest level, but, I do certainly believe that the pair will touch the lowest level. The ADX is low, which means the pair is about to make a big move, and the MACD shows the direction. The direction is up. Long the EURUSD. It is almost a guaranteed 200 pips

Comment

Be looking for a pull back, and then a push up to the 2nd level
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