philipvdlinde
Long

possible ongoing accumulation on fiber by marketmakers

FX:EURUSD   Euro / U.S. Dollar
As you guys might know fiber is consolidating on the daily chart . While this is interesting, it's not too important. The important part is knowing where prices will head for next. And to me it looks like the marketmakers have left behind a clue. I compared fiber to DXY             and I found the following:
snapshot
VS
snapshot

As you can see EUR/USD             made a low on december 7th, and made a higher low on december 17th.
DXY             made a high on december 7th and made a higher high on december 17th. Wouldn't you expect fiber to make a lower low when dxy             makes a higher high? I think that fiber refused to go lower because it's in a marketmaker buying program. Meaning that fiber is under accumulation and that a bullish move may very well occur.

possible bull targets are the following: 1.1186-1.1216 and 1.1322-1.1343
Comment: update #1 Expecting prices to drop to around 1.0831 before liftoff, going to enter next week as a buyer
snapshot
Trade closed: target reached: went long at 1.0833 and dragged it out all the way to 1.094.
Comment: *drops mic
EURUSD
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really?
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