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Price action

chart 1:- Monthly
Chart 2:- Weekly
EURUSD is in up trend and near the sell area.In the monthly chart resistance is @1.4107 but before teaching it it have to break the old trendline resistance which comes to 1.3948. and price will definitely react to this level.
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In Good Mood

[b]on top is the monthly chart. below is the 2 weeks chart of 7th July. 3rd chart is the 2weekly chart of this month[/b]
Eurusd is into the supply area, with September closing at 1.35236 with high of 1.35685 But the bearish butterfly is still forming.Uploading the
previous chart so that you can see the demand and supply area and
monthly chart is the filtered demand supply area for clear viewing and
the new bearish butter fly retracement of BC in the 3rd chart. In the
third chart we can see that very …
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stane2405 avatar

we will see what will happen at 1,3670

singleboyin avatar

yes...something will happen...but its not 1.3670.... the exact level is 1.36659

singleboyin avatar

hey stane;;;; whether something happened at 1.3670? price now is 1.37636

iwan21 avatar
iwan21 5 Nov

it is agreeable

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The uptrend will continue

As per my previous analysis of EURUSD pair for 1st August, you all might be aware of the in long term rising edge with short term channel down in monthly chart. In the month of July the closing(1.3300) is just inside the supply area....check the image 1(monthly).. the image 2 is the 2 weeks chart and here you can see the 23.8% retracement is 1.3314, which it will test and again retest even if it breaks up or fall down in coming days..my view on EUR-USD is still bullish and expecting price to clo…
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Victor avatar
Victor 9 Ago

keep the gw

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VTTG 11 Sep

I like your charts. Success attend you!

singleboyin avatar

Update:- 2 more weeks left for the month to end, EUR USD weekly closing indicates moderate uptrend. expecting it to close next week above the 23.6% retracement level i.e. 1.3314, and with monthly closing around 1.3417 -1.3450 level. Thanks to all of you who liked my analysis.

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Respecting long term patterns

In EURUSD pair, its in long term rising edge( image- 1) with short term channel down in monthly chart. The monthly support is little far away at 1.2260. still for long years,, its respecting the rising wedge and the channel down., In weekly chart ( image-3)its forming bearish gartley and if we go by following the rising edge, the bottom line of the edge is near 1.2750 where it got weekly support of 1.2760, chance of bouncing back from the area is very high. So expecting price to hit back to th…
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Victor avatar
Victor 2 Jun

nice explanation . I would like to bookmark this to come back and comment.

Victor avatar
Victor 9 Ago

you are right on. very good prediction.

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VTTG 11 Sep

Wonderful :)

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