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Key Triangles Visible On 3 Major Forex Pairs

Discussion in 'Technical Analysis' started by Kaitlin, May 20, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD broke below the horizontal support (dotted blue) as the bearish channel maintains its momentum to the 100% Fibonacci level. Wave C corrections are typically equal to the length of wave A so a break below the 100% Fib target increases the likelihood of a potential wave 3. An[​IMG]

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