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In my last idea I seem to have identified the wrong wave 1....That is why price reached my stop loss and started reversing. This time the reversal is clean and evident. This pair is going up big time!!!

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BASED ON SOME SIMPLE RESISTANCE AND SUPPORT LINE ANALYSIS IT CAN BEE SEEN THAT EURUSD HAS THE POTENTIAL OF A HUGE DOWNWARDS MOVEMENT!

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IDEA IS BASED ON A COMBINATION OF ELLIOT WAVE THEORY AND MEDIAN LINE ANALYSIS. THE RATIONALE BEHIND THIS TECHNICAL ANALYSIS IS SHOWN ON THE CHART WITH SPECIFIC TARGET AND STOP LOSS. THIS IDEA IS NOT MEANT AS A TRADING ADVICE, IF YOU COPY MY SETUP PLEASE DO SO ON YOUR OWN RESPONSIBILITY.

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IDEA IS BASED ON A COMBINATION OF ELLIOT WAVE THEORY AND MEDIAN LINE ANALYSIS WITH THE APPLICATION OF FIBONACCI EXTENSIONS. THE RATIONALE BEHIND THIS TECHNICAL ANALYSIS IS SHOWN ON THE CHART WITH SPECIFIC TARGETS GIVEN. THIS IDEA IS NOT MEANT AS A TRADING ADVICE, IF YOU COPY MY SETUP PLEASE DO SO ON YOUR OWN RESPONSIBILITY. GOOD LUCK

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IDEA IS BASED ON A COMBINATION OF ELLIOT WAVE THEORY AND MEDIAN LINE ANALYSIS. THE RATIONALE BEHIND THIS TECHNICAL ANALYSIS IS SHOWN ON THE CHART ALONG WITH SPECIFIC TARGETS. THIS IDEA IS NOT MEANT AS TRADING ADVICE!! IF YOU COPY MY SETUP PLEASE DO SO ON YOUR OWN RESPONSIBILITY. GOOD LUCK

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Idea is based on a combination of Elliot wave theory and median line analysis. The Rationale behind this technical analysis is shown on the chart. Unfortunately due to the dynamic nature of my targets I can give you specific short target or stop losses. Good luck

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Idea is based on a combination of Elliot wave theory and median line analysis. The rationale behind this technical analysis is show on the chart. Good luck

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IDEA IS BASED ON A COMBINATION OF ELLIOT WAVE THEORY, MEDIAN LINE ANALYSIS AND FIBONACCI EXTENSIONS. THE RATIONALE BEHIND THIS TECHNICAL ANALYSIS IS SHOWN ON THE CHART ALONG WITH SPECIFIC TARGETS. GOOD LUCK

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Idea is based on a combination of Elliot Wave theory and Median Line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop losses. Good Luck

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Idea is based on a combination of Elliot Wave Theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop loss. Unfortunately due to the dynamic nature of my entry point, for the short setup, I can not give you an exact stop loss. Good Luck guys.

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Idea is based on a combination of Elliot wave theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific target and stop loss.

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Idea is based on a combination of Elliot wave, Median Line analysis and Fibonacci extensions. The rationale behind this technical analysis is shown on the chart. In this particular case unfortunately I can not tell you where my stop losses are going to be since I have dynamic targets (and thus stop losses). If you understand my approach then it shouldn't be that...

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Idea is based on a combination of Elliot Wave, Fibonacci extensions and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop losses. Good luck guys!.

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Idea is based on a combination of Elliot Wave theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets and stop loss.

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Idea is based on a combination of ElliotWave theory and median line analysis. Fibonacci extensions are used for target placement. The rationale behind the technical analysis is shown on the chart along with specific targets and stop loss. Good Luck

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Idea is based on a combination of Elliot Wave theory and median line analysis. The rationale behind this technical analysis is shown on the chart along with specific targets. Good luck guys

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Idea is based on a combination of Elliot Wave theory and median line analysis. In addition Fibonacci extensions are used for target placement. The chart contains the rationale behind this technical analysis along with specific targets and stop loss. Good luck

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Idea is based on a combination of Elliot wave theory and median line analysis. In addition the application of Fibonacci extensions and retracements is used. This idea is not meant as a trading advice (none of my idea's is) but rather as a refelection of my thoughts about the progression of future price action. Good luck