BLUE43

EURUSD - IS 5 ALREADY DONE ?

FX:EURUSD   Euro / US-Dollar
430 10 48
....
Kommentar: any comments ?
Kommentar: zone 1
This guys hasn't got enough lines, I can still see white bits.
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BLUE43 ForexDreams
nobody force you to look at :-)
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:-) lol good chart lots of indicators I don't use I am a basic charter
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BLUE43 Ian.Watts
perfect lol
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No no, I want to look at it, it's a work of art. It should belong in a gallery.

.

(Lol I'm kidding, if it works for you, don't let anyone tell you different)
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Looks like the London underground map LOL
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BLUE43 Ian.Watts
nobody force you to look at :-)
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my opinion is yes it is over, but a nice flag consolidation on lower time frame/retest test of daily breakout, then a breakout would confirm that? Could by the lower time breakout to up side and trade it to that 1.1672 area.
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The bollinger bands squeezes on the monthly basis to historical low. Thus, the volatility on monthly basis is at minimum. Periods of high volatility is followed by periods of low volatility. So, we will see some big movements in couple of months. Regarding this analyis, according to my own analysis I believe the EURUSD will fall to 1.116 in one leg.
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it may pull back to 0.382 fib, that around 1.16
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