EURUSD

Correction phase.
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Kommentar:

I use Fibonacci ratios to define retracement levels and forecast the extent of a correction or pullback. Fibonacci Retracements can also be applied after a decline to forecast the length of a counter-trend bounce. These retracements can be combined with other indicators and price patterns to create an overall strategy same as the chart.
Entry 61.8% and TP -27.2%.
Afterward, the Elliotte Impulse Waves start.