Zeheart

Possible Continuation of Long

Long
FX:EURUSD   Euro / U.S. Dollar
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1
There is this Bearish ABCD Chart in EURUSD . Due to strong Fibo Confluence at 161.8 and 190.2 Fibo level, there will be a possibility that the Point D of ABCD will rally up to one of these level before making a strong retracement.

Currently The Point D has push over 127.2 level and is making pull back now.. i would presume this is a small pullback prior to next upward movement.. Hopefully Fibo 50 ans 61.8 will hold it up and push the price action up ahead..

Comments

this seems to be more accurate trend as per my experience
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