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LevRidge
Jun 15, 2014 1:03 AM

Fork idea expanded Long

Euro Fx/U.S. DollarFXCM

Description

same as last but some might say what stop at 1.480 and not go higher on the last fork (from previous idea). Note 1.480. is the average price for EU based on the smaller fork it is now in (on this chart).

I did not get 1.480 using forks, but this does help confirm my method as valid so I look higher for eu over the next few months.
Comments
Scloneh
I think that the bullish swing from 2012 to 2014 is already paid, and doesn't need to make a final bullish movement to start a slow bearish run to 1.17, actually if the eurusd spot still bullish in a few weeks, I'll opt to a bullish trend to 1.70, I need to find which fundamentals will move the market.
LevRidge
This is based solely on some technical analysis from May 2013, I see no reason for it to stop now :) at that time I listed 1.42 to be conservative but the end goal was really 1.48/1.49 - but my timing was way off, did not think it would take a year + tradingview.com/v/vSieJgLL/. There are some basic geometric properties all markets go by, they can't get around it because that would throw everything off and all technical analysis would fail horribly, take this GU chart for an example tradingview.com/v/RlkNgYgT/ again a conservative TP there with a real price of 1.74s as the goal. EU should spike up nicely soon.
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