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EURUSD Projections


Guest CorbCoropFX

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Guest CorbCoropFX

Hi Guys,
This is what I see in the EURUSD. So basically I see the price breaking the 1.200 Major aiming the 1.100 Major. In doing so, I see the price breaking the B point of a possible massive shark with a retesting pullback over the 50% resistance forming a little baby shark in an inconvenient position, :D where if the price closes above the D point of the little shark, it is most likely to aim for the bearish trendline aligned with 1.175 quarter where I expect a big bearish bounce. If the price closes below the 1.150 quarter is most likely aiming for the completion of the big shark, finding a bit of resistance at 88.6% zone for bullish trendline retesting, where I suggest going short, aiming than the smooth completion of the massive shark where I suggest then to go long aiming the retesting of the broken bullish trendline. 

Let me know what do you think of my idea and add more info!! 

Hope you'll find this helpful ;)

eurusd daily shark.png

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