EURUSD Long-Term = Head & Shoulder explained
Price previously breakout from the Triangle,
Goes lower towards -1.272 to -1.382
Fib projection where
price is now extremely cheaper to be bought.
Price keeps rejecting where it has now
compressed in a triangle.
Head & Shoulder is expected,
as price shall move higher
towards Key Levels ( 1.20489 - 1.20055 )
Infact when you Pull the Fib
from HIGHEST POINT to LOWEST POINT,
these prices are actually
50% Fibo Retracement for the Long-Term
Goes lower towards -1.272 to -1.382
Fib projection where
price is now extremely cheaper to be bought.
Price keeps rejecting where it has now
compressed in a triangle.
Head & Shoulder is expected,
as price shall move higher
towards Key Levels ( 1.20489 - 1.20055 )
Infact when you Pull the Fib
from HIGHEST POINT to LOWEST POINT,
these prices are actually
50% Fibo Retracement for the Long-Term
