Let's keep it simple...
Reached the target mentioned days ago (link below), between the 50% and 61.8% fib from A to B, now, consolidation time (lower time frame), and retracement should be next.
Target, the 31.8% fib from B to C, synced with previous structure, around 95.75
Note: similar inverted movement expected in the pair eur/usd.
Reached the target mentioned days ago (link below), between the 50% and 61.8% fib from A to B, now, consolidation time (lower time frame), and retracement should be next.
Target, the 31.8% fib from B to C, synced with previous structure, around 95.75
Note: similar inverted movement expected in the pair eur/usd.
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
Related publications
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.
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
Related publications
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.