I made this prediction about a week ago on 9/8 and using Fib Retracement and the Cloud I easily made 250 pips. This strategy is a very useful long term strategy. PM me if you want to know how I color coordinated the Fibbonacci Retracement and how it is extremely precise and useful.
I am predicting a short pull back coming soon to the .84900 (TP1) area possibly could move lower as a pull back before heading back up to breaking higher highs. If levels .87470 (.87500) hold and don't break then EG will be dropping long term.
**** NOT A SIGNAL JUST MY ANALYSIS *****
First off we have resistance coming from the last swing up to this area. Secondly we finished 5th wave in 0.795 and we should see a correction wave, that lines up perfect with a AB=CD move down to fib resistance/extension