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Euro / U.S. Dollar

Let's wait for ABCD pattern to complete on 1.00 or 1.27.

367
EURUSDIt's probable that the CD leg complete at 1.00 since the BC-leg was a retracement of ~61.8 of the AB leg.

*The short position must be placed ONLY when the exchange rate reaches the 1.00 or 1.27 and we have a confirmation that it will NOT continue rising.
carlosacosta234
AB=CDFibonacci RetracementfibonocciForexHarmonic Patternsretracemnt

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AB=CDFibonacci RetracementfibonocciForexHarmonic Patternsretracemnt
carlosacosta234

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.