recently made a retracement 1.25090 / the 61.8 level on the fib . looking for price to head down to the 1.23862 , 100 level on fib .Watch price at this level for a possible short on the fib down to 161.8 1.2188 1.8 risk to reward ! both stops placed at 1.25130
Comments
heartcare2000
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Agree
But not so fast
May be during Jan 2016
Last week of 2015, more chamces of heading up to 1,2550-1,2570
averyryaan
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@heartcare2000, i agree with you i rushed this analysis i can see price making a bigger retracement than what i initially sugested heading up to the 1.25480 , 50 fib level before turning bearish again.
But not so fast
May be during Jan 2016
Last week of 2015, more chamces of heading up to 1,2550-1,2570