DATAMERFX

DATAMERFX

with next week I m expecting dropt towards 1.26xx

DATAMERFX

I ve shared before ...bat pattern s worked .. targets and next movement on the chart..

DATAMERFX

channel bottom line is so close and falling wedge is ready for bounce

DATAMERFX

reversal zone 1986 - 1990

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as long as price stay below 1.3310, target s 1.3260 - 1.3205....as you realize red line is so important

DATAMERFX

I m waiting impulse movement from yellow zone ..and than planing to take long position..

DATAMERFX

NO NEED TO EXPLANATION... ISN T IT ? CHART S SO CLEAR AND LINES ON THE CHART

DATAMERFX

as you see , effective parallel channel ...Lines provided on chart

DATAMERFX

downtrend will continue but first little bit up towards yellow zone and then to 121.xx

DATAMERFX

expecting drop down to 1.8236..

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down trend continuation ..first target s 1.1753..

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TRIANGLE IS SQUASHING INTO THE CORNER

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END OF THE TRIANGLE...

DATAMERFX

we ve taken positioon with cypher pattern ..TP 1 done ...now we re waiting for TP 2

DATAMERFX

price will fall down ...yellow zone and then 1.65xx

DATAMERFX

if court shoe formation works, target is towards 700

DATAMERFX

get down towards yellow zone maybe and then we ll seek ABCD formation

DATAMERFX

as you see , we can take a position with breakout . it s likely touch to red line or yellow zone and then we ll wait impulse move to up..