Timing is key
Long

EURUSD 60 Targeting the cycle low

FX_IDC:EURUSD   Euro / U.S. Dollar
724 6 7
Hello all,

Looking for a cycle bottom on the EURUSD             60. I have some longer term targets however let's see if this confirms and hits the blue median line . Let's see how this unfolds.

Sincerely,

TIK
I agree Timing, market is currently at a really good Daily support level, 1.08021. Hope to see a bullish reaction here, at least for short-term, to take this trade setup. Thanks for sharing and Good Luck!!
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Timing is key moneymaking
That's ok, I am looking for a good bounce here, it may come back to test the lower parallel again as it came in slightly early on the hourly chart ( See yellow dotts above ). In any case low risk trade as statistically it has a 90% + chance to head back to the Median Line should this be the cycle bottom.....we will have to wait and see.
+1 Reply
moneymaking Timing is key
Absolutely, better to wait and see how the market reacts!!
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Hello all, for some reason ( could be my subscription level ) The Split Chart wont post so here is the static version

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IvanLabrie Timing is key
I had the same problem, you have to select post all charts or something like that when publishing.
I'd like a brief retracement so I can get my fill...
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Timing is key IvanLabrie
I will have to try that next time...thanks, May come back on a pullback to the lower parallel....we will have to see what happens
+1 Reply
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