vdubus
Short

EURUSD retracement back down to 1.368

FX:EURUSD   Euro Fx/U.S. Dollar
80 8 2
EURUSD             is starting to arc over on the weekly charts so a retracement back down to 1.389 or further to 1.368 to finish the move before a bullish move up top towards the major wedge.
alphabetacharlie
2 years ago
Same with the pattern, i think it's going for a 1.3699
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vdubus PRO alphabetacharlie
2 years ago
Looking at it like that looks clearer. 1.36 looks promising ?
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alphabetacharlie vdubus
2 years ago
Yeah 1.36, i got it wrong.
It looks very promising indeed, there's ratio confluence, support, ressitance et the gartley setting up for a D point
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vdubus PRO alphabetacharlie
2 years ago
Gartley's aren't really my thing but i understand the concept. I trade them them as a 'VW ' logo lol (hense my name :) and by the rule- The price always returns back to the level the price originally started. But Keeping it simple. A break below 1.36, towards your fib level 0.618 for me would be a positive move toward the down side. We'll have to wait and see :)
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alphabetacharlie
2 years ago
all right at the moment it's going down
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alphabetacharlie alphabetacharlie
2 years ago
EDIT : but it has still a long move to make before the pattern is completed.
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vdubus PRO alphabetacharlie
2 years ago
Not sure we've finished the bullish move just yet, Im holding out for 1.37 maybe even as far as 1.40
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vdubus PRO alphabetacharlie
2 years ago
Bullish 1.37 target hit. Now I think we could be good to go :)
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